Industry News, Ink Manufacturers News, Printers News

Quad Reports First Quarter 2020 Results

Notes $103 million increase in net cash provided by operating activities and a $116 million increase in free cash flow compared to 1Q 2019.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Quad/Graphics, Inc. reported results for its first quarter ended March 31, 2020. The company developed and launched Quad’s Safe-at-Work Program to proactively protect employee health and well-being during the COVID-19 pandemic, as the company continued to operate as an essential business, and delivered strong a first quarter despite reduction in near-term client demand due to the COVID-19 pandemic. Net sales were $823 million in 2020, down 14.4% from 2019. Organic sales declined 13.3% during t...

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