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First-quarter net sales of $2.7 billion declined 3.4% from the first quarter of 2015.
May 5, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
R.R. Donnelley & Sons Company reported financial results for the first quarter of 2016. Net sales in the quarter were $2.7 billion, down $94.7 million, or 3.4%, from the first quarter of 2015. After adjusting for the impact of acquisitions and dispositions, as well as changes in foreign exchange rates and pass-through paper sales, organic sales decreased 3.1% from the first quarter of 2015, as an increase in the International segment only partially offset declines in the Strategic Service...
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