Industry News, Printers News

Veritiv Announces 3Q 2017 Financial Results

Reports third quarter net sales of $2.1 billion, net loss of $14.3 million and adjusted EBITDA of $44.1 million.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Veritiv Corporation announced financial results for the third quarter ended Sept. 30, 2017.   For the three months ended Sept, 30, 2017, compared to the three months ended Sept, 30, 2016, net sales were $2.1 billion, a decrease of 0.5% from the prior year. Net sales increased 2.3% from the prior year, excluding the positive effect of foreign currency (0.4%) and the negative effect of two less shipping days (3.2%) in the third quarter of 2017. Net loss was $(14.3) million, compared to net incom...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters