• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Top Companies
    • Printing Inks
    • Raw Materials
    • Equipment
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Exclusives
  • Top Companies
  • Printing Inks
  • Raw Materials
  • Equipment
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    eBook
    Top Features
    The 2020 Year in Review

    2020 UV/EB Report

    Sustainability and the Raw Material Market

    COVID-19 Takes a Toll on the Publication Ink Market

    Circular Economy is Focus of NAPIM Ink Week’s Technical Conference
    Breaking News
    Distributor News
    Financial News
    Industry News
    Ink Manufacturers News
    Market Research
    Mergers and Acquisitions
    New Products
    Personnel
    Price Increases
    Printers News
    Suppliers News
    Live From Shows
    Top News
    Packaging Printing Market Worth $433.4 Billion by 2025: MarketsandMarkets

    dar-tech, inc. Becomes U.S. Midwestern Distributor for ZS Interpolymer

    Linx Expanding Distribution in EMEA, APAC

    EFI Engage Worldwide Conference Features Product Launches, Educational Opportunities

    DuPont, Corteva, Chemours Announce Resolution of Legacy PFAS Claims
    Top North American Companies
    Top International Companies
    Conductive Inks and Printed Electronics
    Graphic Arts Coatings
    Inkjet Inks and Toners
    Marking and Pad Printing Inks
    News Inks
    Packaging Flexo Inks
    Packaging Gravure Inks
    Publication Gravure Inks
    Publication Offset Inks
    Screen Inks
    Sheetfed Inks
    Specialty Inks
    UV and EB Inks

    Packaging Printing Market Worth $433.4 Billion by 2025: MarketsandMarkets

    Linx Expanding Distribution in EMEA, APAC

    EFI Engage Worldwide Conference Features Product Launches, Educational Opportunities

    Linx Launches Fast-drying Yellow Bottling Ink

    O-I Foundation Gifts $50k to Facilitate COVID-19 Vaccine Access
    Additives
    Energy-Curable Materials
    Flushed Colors and Pigments
    Metallics and Special Effects Pigments
    Resins
    Vehicles and Varnishes
    Waxes

    DuPont, Corteva, Chemours Announce Resolution of Legacy PFAS Claims

    Ingevity Donates £10,000 for Education, Human Health Initiatives

    BASF Starts Realignment of Global Business Services Unit

    Lautenberg Chemical Safety Act is Impacting the Ink Industry

    BASF Group Releases Preliminary 4Q 2020, FY 2020 Figures
    Energy-Curing Equipment
    Mills and Mixers
    Testing, Color and QC

    Bühler Expands Service Center Locations Through Design Corrugating Acquisition

    Techkon USA, Konica Minolta Partner

    Ross Highlights Vacuum-Rated Double Cone Tumble Blenders

    Datacolor Introduces High-Efficiency Benchtop Spectrophotometer Series, Spectro 1000/700

    Deadline for RadLaunch UV+EB Technology Accelerator is Jan. 30
    Buyers Guide
    Distributor Guide
    European Ink Directory
    U.S. Ink Directory
    International Buyers Guide Companies
    Shamrock Technologies, Inc.

    Clariant

    Micro Powders, Inc.

    ROSS Mixers

    Munzing
    Industry Events
    Live from Show Event
    Webinars
    Top Events
    Labelexpo Americas/Brand Print Americas 2021

    Eastern Coatings Show 2021

    Coatings Expo Vietnam 2021

    PRINTING United Expo 2021
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Departments
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directory
      • Buyers Guide
      • Distributor Guide
      • European Ink Directory
      • U.S. Ink Directory
      • Trade Associations
    • Printing Inks
      • Conductive Inks and Printed Electronics
      • Graphic Arts Coatings
      • Inkjet Inks and Toners
      • Marking and Pad Printing Inks
      • News Inks
      • Packaging Flexo Inks
      • Packaging Gravure Inks
      • Publication Gravure Inks
      • Publication Offset Inks
      • Screen Inks
      • Sheetfed Inks
      • Specialty Inks
      • UV and EB Inks
    • Raw Materials
      • Additives
      • Energy-Curable Materials
      • Flushed Colors and Pigments
      • Metallics and Special Effects Pigments
      • Resins
      • Vehicles and Varnishes
      • Waxes
    • Equipment
      • Energy-Curing Equipment
      • Mills and Mixers
      • Testing, Color and QC
    • Top Companies
      • Top North American Companies
      • Top International Companies
    • Online Exclusives
    • Slideshows
    • Expert's Opinion
    • Videos
    • eBook
    • Podcasts
    • Blog
    • Infographics
    • Whitepapers
    • Jobs
    • Supplier Microsites
      • Companies
      • Literature / Brochures
      • Whitepapers
      • Product Spec Sheets
      • Videos
      • Jobs
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    RR Donnelley Reports 3Q 2017 Results

    Net sales in the third quarter were $1.73 billion, with gross profit of $324.4 million or 18.7% of net sales.

    RR Donnelley Reports 3Q 2017 Results
    Related CONTENT
    • Sonoco Completes Divestiture of Europe Contract Packaging Business to Prairie Industries
    • Implementation of Transformation Strengthens Heidelberg During COVID-19
    • The Chemours Company Reports 3Q 2020 Results
    • O-I Reports 3Q 2020 Results
    • RRD Reports 3Q 2020 Results
    11.02.17
    R.R. Donnelley & Sons Company (RRD) reported financial results for the third quarter 2017. Unless otherwise noted, today’s results represent RRD following the Oct. 1, 2016 spinoffs of LSC Communications, Inc. and Donnelley Financial Solutions, Inc., which are presented as discontinued operations for periods prior to Oct. 1, 2016.
     
    Net sales in the third quarter of 2017 were $1.73 billion, up $9.3 million or 0.5% from the third quarter of 2016. On an organic basis, consolidated net sales decreased 0.4% driven by volume growth in the International and Strategic Services segments and favorable changes in fuel surcharges which were more than offset by net volume declines in the Variable Print segment, lower postage pass through sales in the Strategic Services segment and modest price erosion across all segments.
     
    “We delivered solid results for the quarter with growth in both our net sales and non-GAAP diluted earnings per share,” said Dan Knotts, RRD’s president and CEO. “Through our ongoing focus on cost reduction initiatives and capital structure improvements, along with lower taxes, we were able to more than offset the negative impact of changes in foreign exchange rates and the devastating hurricanes in the south. We are now in the midst of our busiest time of the year, and we are focused on delivering a strong finish to 2017.”
     
    Gross profit in the third quarter of 2017 was $324.4 million or 18.7% of net sales versus $364.2 million or 21.1% of net sales in the prior year quarter. The positive impact from our cost reduction initiatives was more than offset by an OPEB curtailment gain in the prior year period and unfavorable mix, modest price pressure, start-up costs related to a new facility in Asia and higher costs of transportation as a result of the hurricanes in the current period.
     
    Income from operations of $35.9 million in the third quarter decreased $48.1 million from $84.0 million in the 2016 quarter. Net loss attributable to common stockholders from continuing operations of $8.0 million in the third quarter compared to net earnings of $22.0 million in the third quarter of 2016.                                 
     
    As of Sept. 30, 2017, cash on hand was $225.8 million and total debt outstanding was $2.25 billion, including $350.0 million drawn against the credit facility.
     
    The company revised its 2017 full year guidance with the following highlights: net sales of $6.80 billion to $7.00 billion and cash flow from operations of $230 million to $280 million.




    Image via Shutterstock
    Related Searches
    • sales
    • rr donnelley
    • donnelley
    • offset
    Related Knowledge Center
    • Inkjet Inks and Toners
    • Publication Gravure Inks
    • Publication Offset Inks
    Suggested For You
    Sonoco Completes Divestiture of Europe Contract Packaging Business to Prairie Industries Sonoco Completes Divestiture of Europe Contract Packaging Business to Prairie Industries
    Implementation of Transformation Strengthens Heidelberg During COVID-19 Implementation of Transformation Strengthens Heidelberg During COVID-19
    O-I Reports 3Q 2020 Results O-I Reports 3Q 2020 Results
    The Chemours Company Reports 3Q 2020 Results The Chemours Company Reports 3Q 2020 Results
    RRD Reports 3Q 2020 Results RRD Reports 3Q 2020 Results
    International Paper Reports 3Q 2020 Results International Paper Reports 3Q 2020 Results
    DuPont Reports 3Q 2020 Results DuPont Reports 3Q 2020 Results
    Sonoco Reports 3Q 2020 Results Sonoco Reports 3Q 2020 Results
    Graphic Packaging Reports 3Q 2020 Results Graphic Packaging Reports 3Q 2020 Results
    Crown Holdings Reports 3Q 2020 Results Crown Holdings Reports 3Q 2020 Results
    Ingevity Reports Selected Preliminary 3Q 2020 Financial Results Ingevity Reports Selected Preliminary 3Q 2020 Financial Results
    DowDuPont Provides Expected 3Q 2017 Financial Results DowDuPont Provides Expected 3Q 2017 Financial Results
    Crown Holdings, Inc. Reports 3Q 2017 Results Crown Holdings, Inc. Reports 3Q 2017 Results
    LSC Communications Completes Acquisition of CREEL LSC Communications Completes Acquisition of CREEL
    LSC Communications Reports 2Q 2017 Results LSC Communications Reports 2Q 2017 Results

    Related Breaking News

    • Breaking News | Ink Manufacturers News | Inkjet Inks and Toners | Market Research | Packaging Flexo Inks | Packaging Gravure Inks | Printers News | Sheetfed Inks | UV and EB Inks
      Packaging Printing Market Worth $433.4 Billion by 2025: MarketsandMarkets

      Packaging Printing Market Worth $433.4 Billion by 2025: MarketsandMarkets

      Projected to grow from $352.1 billion in 2020 to $433.4 billion by 2025, at a CAGR of 4.2%,
      MarketsandMarkets 01.26.21

    • Breaking News | Ink Manufacturers News | Inkjet Inks and Toners | Printers News
      Linx Expanding Distribution in EMEA, APAC

      Linx Expanding Distribution in EMEA, APAC

      Range of Continuous Ink Jet printers, Laser Coders, Large Character, Thermal Transfer and Thermal Inkjet printers available through new partners.
      Ink World staff 01.26.21

    • Breaking News | Ink Manufacturers News | Inkjet Inks and Toners | Printers News
      EFI Engage Worldwide Conference Features Product Launches, Educational Opportunities

      EFI Engage Worldwide Conference Features Product Launches, Educational Opportunities

      New innovations include super-high-speed and high-volume display graphics printers.
      01.25.21


    • Breaking News | Ink Manufacturers News | Inkjet Inks and Toners | Printers News
      Linx Launches Fast-drying Yellow Bottling Ink

      Linx Launches Fast-drying Yellow Bottling Ink

      Specifically developed for the company’s Linx 8900 and 8800 Series continuous inkjet (CIJ) coders and is a pigmented ink.
      Ink World staff 01.25.21

    • Breaking News | Ink Manufacturers News | Inkjet Inks and Toners | Printers News
      Roland DGA Launches VersaUV, LEC2-640, LEC2-330 UV Printer/Cutters

      Roland DGA Launches VersaUV, LEC2-640, LEC2-330 UV Printer/Cutters

      Also, company introduces new GREENGUARD Gold certified EUV5 ink available in CMYK, Clear, White and Prime.
      01.22.21

    • Breaking News | Ink Manufacturers News | Inkjet Inks and Toners | Printers News
      Highcon, EFI Partner on Productivity, Workflow Systems

      Highcon, EFI Partner on Productivity, Workflow Systems

      Goal is to offer customers an integrated, end-to-end business productivity and workflow solution.
      David Savastano, Editor 01.22.21


    • Breaking News | Ink Manufacturers News | Inkjet Inks and Toners | New Products | Printers News
      Kodak Launches KODACOLOR RDTG Series Direct to Garment Inks

      Kodak Launches KODACOLOR RDTG Series Direct to Garment Inks

      Announces partnership with Pigment.inc B.V Europe.
      Ink World Staff 01.22.21

    • Breaking News | Inkjet Inks and Toners | Printers News | Testing, Color and QC
      Techkon USA, Konica Minolta Partner

      Techkon USA, Konica Minolta Partner

      Techkon will market and distribute MYIRO-1, a spectrophotometer designed for color management and ICC profiling applications.
      Ink World staff 01.22.21

    • Breaking News | Ink Manufacturers News | Inkjet Inks and Toners | Printers News | Specialty Inks
      Scodix Enhances 50+ Million Holiday Cards in North America for 2020 Holiday Season

      Scodix Enhances 50+ Million Holiday Cards in North America for 2020 Holiday Season

      Numbers 'tell story' of how end-customers chose digital enhancement to boost printed family holiday cards, per Jason Rollo, Scodix president of North America.
      Ink World staff 01.20.21


    • Breaking News | Ink Manufacturers News | Inkjet Inks and Toners | Personnel | Printers News
      HP Announces Executive Leadership Appointments

      HP Announces Executive Leadership Appointments

      Focus on advancing disruptive innovation and accelerating corporate strategy.
      Ink World staff 01.19.21

    • Breaking News | Ink Manufacturers News | Inkjet Inks and Toners | Printers News
      Innovative Displays Installs Agfa

      Innovative Displays Installs Agfa's Jeti Tauro H3300 LED

      Company expanded into corrugated displays and packaging with installation – the company's third Agfa printer.
      Ink World staff 01.19.21

    • Breaking News | Ink Manufacturers News | Inkjet Inks and Toners | Printers News
      DS Smith Iberia Installs EFI Nozomi C18000 Plus Digital Corrugated Printer

      DS Smith Iberia Installs EFI Nozomi C18000 Plus Digital Corrugated Printer

      DS Smith is a provider of sustainable packaging solutions, paper products and recycling services.
      Ink World staff 01.15.21


    • Breaking News | Ink Manufacturers News | Inkjet Inks and Toners | Printers News
      Ricoh, Farbenpunkt Reduce CO2 Emissions with Waterless, Chemical-Free Solution for Textile Ink

      Ricoh, Farbenpunkt Reduce CO2 Emissions with Waterless, Chemical-Free Solution for Textile Ink

      Reducing environmental impact of global textile production caused by dye-based inks in digital and analog processes is the driver for the collaboration.
      Ink World staff 01.14.21

    • Breaking News | Ink Manufacturers News | Inkjet Inks and Toners | Printers News
      Print 1+ Million Unique Codes Per Hour with Domino’s K600i Digital Inkjet Printer

      Print 1+ Million Unique Codes Per Hour with Domino’s K600i Digital Inkjet Printer

      "COVID-19 has really accelerated the growth in e-commerce," said Jim Orford, K600i product manager from Domino Digital Printing Solutions.
      Ink World staff 01.13.21

    • Breaking News | Inkjet Inks and Toners | Packaging Flexo Inks | Packaging Gravure Inks | Printers News
      Bobst Opens Digital Inkjet Demo Center in Barcelona

      Bobst Opens Digital Inkjet Demo Center in Barcelona

      The new facility provides converters and brand owners the opportunity to see Mouvent Cluster Technology firsthand.
      Ink World staff 01.12.21

    Trending
    • Virtual.drupa 2021 Online Exhibitor Registration Open
    • Paragon Expands Direct Mail Capabilities With Ricoh Pro VC70000
    • Spotlight On 2020 Top International Companies
    • BASF Starts Realignment Of Global Business Services Unit
    • DuPont, Corteva, Chemours Announce Resolution Of Legacy PFAS Claims
    Breaking News
    • OQ Chemicals Announces Sales Control for US Oxo Intermediates
    • Packaging Printing Market Worth $433.4 Billion by 2025: MarketsandMarkets
    • dar-tech, inc. Becomes U.S. Midwestern Distributor for ZS Interpolymer
    • Linx Expanding Distribution in EMEA, APAC
    • EFI Engage Worldwide Conference Features Product Launches, Educational Opportunities
    View Breaking News >
    CURRENT ISSUE

    November/December 2020

    • The 2020 Year in Review
    • 2020 UV/EB Report
    • Sustainability and the Raw Material Market
    • COVID-19 Takes a Toll on the Publication Ink Market
    • Circular Economy is Focus of NAPIM Ink Week’s Technical Conference
    • Kacy Schultz – Sun Chemical Corporation
    • Electronic & Conductive Ink Conference Showcases Future of Ink Technology
    • Ink Manufacturers Find Opportunities in Color Management
    • From the Twin Cities to Beyond: Minnesota-based Meyers Serves Fortune 500 Companies
    • Agfa Continues to Expand in UV, Water-Based Inkjet Ink Segments
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Clinical Evidence Suggests Potential Oral Benefits for Curcumin Extract
    Oleic Acid Possibly Implicated in MS Pathology
    NIH Study Compares Low-Fat, Plant-Based to Low-Carb, Animal-Based Diet
    Coatings World

    Latest Breaking News From Coatings World

    Scott McLaughlin to Race in PPG Colors During Rookie INDYCAR Season
    Vink Chemicals Offers parmetol PSG
    In Memoriam: CIN’s Honorary Chairman António Serrenho
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Abbott's Panbio Rapid COVID-19 Antigen Test Earns CE Mark for Two New Uses
    Alleviant's Transcatheter Tech Obtains Breakthrough Status
    Signia Appoints New President
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Civica to Build an Essential Medicines Manufacturing Facility in Virginia
    Humanigen, Emergent Enter Covid-19 Partnership
    Samsung Bioepis Opens New Headquarters
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Aura Introduces Customizable Hair Care
    Corpack Creates Custom Packaging for Marlies Möller Hair Care Line
    Fitglow Beauty Wins Makeup Category at Annual Dirty Thinker’s Choice Awards
    Happi

    Latest Breaking News From Happi

    Estée Lauder Travel Retail's Sustainability Goals
    Some Good News at Inter Parfums
    Professional Beauty Association Names New Executive Director
    Ink World

    Latest Breaking News From Ink World

    Paragon Expands Direct Mail Capabilities with Ricoh Pro VC70000
    BOBST Demonstrates Future of Flexible Packaging Production at Virtual Open House
    Morancé Soudure France Adds Comexi F2 MC 10-color Flexo Press
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    UPM Raflatac unveils new linerless labeling product
    VPF launches deep-freeze adhesive
    ProMach strengthens flexible packaging business
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Kimberly-Clark Releases Q4, Full Year Results
    Freudenberg to Establish Apparel Interlining Competence Centers
    Minet Adds Spunlace Line in Romania
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    osteolabs Closes Second Financing Round of Nearly 1.6 Million Euros
    First Patient Implanted With NEXXT MATRIXX SA Cervical Turn-Lock System
    Cretex Companies CEO Steps Down
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    First Solar Signs Definitive Agreement to Sell US Development Platform to Leeward
    Imec Technology Taking Off to Space
    North American Semiconductor Equipment Industry Posts December 2020 Billings

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login