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May 7, 2014
By: Bridget Klebaur
Director of Performance + Engagement / Chief Performance Officer, Office of the Commissioner, NYC Department of Design and Construction
Quad/Graphics, Inc. reported results for its first quarter ending March 31, 2014. Net sales for the first quarter 2014 were $1.1 billion, down approximately 2% quarter over quarter. First quarter 2014 adjusted EBITDA was $107 million compared to $114 million for the same period in 2013, and first quarter 2014 Adjusted EBITDA margin was 9.7% compared to 10.1% in the first quarter of 2013. The Adjusted EBITDA decline reflects ongoing industry volume and pricing pressures as well as $3 million i...
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