Industry News, Printers News

RRD Reports 4Q, Full Year 2021 Results

Full year net sales increased 4% to $4.96 billion, while total debt of $1.47 billion is lowest since spin.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

R.R. Donnelley & Sons Company (RRD) reported financial results for the fourth quarter and full year of 2021. GAAP net sales, including the impact of foreign exchange and a disposition in early 2020, increased $197 million or 4.1% to $4.96 billion. Cash provided by operating activities in 2021 was $92.1 million as compared to $149.8 million in the prior year period. Total debt outstanding of $1.47 billion at Dec. 31, 2021 is down $37 million from the prior year end. Gross leverage ratio...

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