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Quad/Graphics Reports 4Q, Full Year 2016 Results

Net sales for 2016, were $4.3 billion, a 5.8% decrease from 2015, with free cash flow of $246 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Quad/Graphics, Inc. reported fourth quarter and full-year 2016 results.   Net sales for the three months ended Dec. 31, 2016, were $1.2 billion, an 8.8% decrease from the three months ended Dec. 31, 2015. Organic sales decreased 6.3% due to ongoing industry volume and pricing pressures, after excluding foreign exchange (-0.3% impact) and pass-through paper sales (-2.2%).   Net sales for the year ended Dec. 31, 2016, were $4.3 billion, a 5.8% decrease from the year ended Dec. 31, 2015. Organi...

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