Industry News

Transcontinental Inc. Reports 3Q 2013 Results

Adjusted operating income increases for fourth consecutive quarter

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Transcontinental Inc.’s third-quarter revenues decreased from $517.0 million in 2012 to $493.8 million in 2013, mainly due to the end of the contract to print and distribute Zellers flyers after its store closures. Other factors were the change in the format and type of paper used by some of our major customers, difficult market conditions affecting magazine, book and catalogue printing business, and a soft advertising market which continued to impact its Media Sector, particularly with re...

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