Thursday, November 8, 2012

Quad/Graphics Reports Q3 Results

Highlights:
Generates third quarter net sales of $1,040 million.
Achieves Adjusted EBITDA of $155 million and Adjusted EBITDA margin of 14.9% for the quarter.  Generates $53 million in Recurring Free Cash Flow for the quarter and $220 million year-to-date.  
Raises full-year 2012 Recurring Free Cash Flow guidance to equal or surpass full-year 2011 of $340 million.
Repays $16 million in debt during the quarter and $148 million year-to-date.
Announces intent to acquire substantially all the assets of Vertis Holdings, Inc.