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Achieves 19% net sales increase from Q2 2020, significantly reduces net debt by $120 million since Dec. 31, 2020.
August 4, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
Quad/Graphics, Inc. reported results for the second quarter of 2021. Net sales were $694 million in the second quarter of 2021, up 19% from the same period in 2020. Net sales increased in print, logistics and agency solutions primarily driven by organic growth, which rebounded compared to the pandemic-impacted period in 2020, as well as print segment share gains from new clients. The company increased net earnings from continuing operations by $49 million to $34 million for the second quarter ...
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