Industry News, Printers News

RRD Reports 2Q 2019 Results

Net sales in the quarter were $1.51 billion, down $170.8 million or 10.2% from 2Q 2018.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

R.R. Donnelley & Sons Company (RRD) reported financial results for the second quarter of 2019.   “We delivered solid financial results that were in line with our expectations, marking our second consecutive quarter of earnings improvement. We also successfully launched our accelerated cash repatriation strategy to further reduce debt outstanding in 2019,” said Dan Knotts, RRD’s president and CEO.    “For the quarter, we continued to see benefits from cost reduction initiatives and exiting un...

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