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Revenues increased 1.7 percent, from $562.6 million to $571.9 million
December 9, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Transcontinental Inc.’s revenues increased 1.7% in the fourth quarter, from $562.6 million to $571.9 million. The increase is mainly due to the contribution from the acquisitions of Capri Packaging and the Quebec weekly newspapers owned by Sun Media Corporation, as well as new printing and distribution agreements. This growth was partly offset by lower advertising revenues in both sectors. In the fourth quarter, adjusted operating earnings rose 16.4%, from $83.4 million to $97.1 million. Thi...
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