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Operating cash flow increased vs. prior year period, while total debt outstanding was reduced $133 million during the quarter.
July 31, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
R.R. Donnelley & Sons Company (RRD) reported financial results for the second quarter of 2020. Net sales in the quarter were $1.16 billion, down $346.5 million, or 23% from the second quarter of 2019. The decrease includes a $94.2 million impact from dispositions in the Business Services segment, primarily the Global Document Solutions and Logistics Courier businesses, and a $9.8 million reduction due to changes in foreign exchange rates. On an organic basis, consolidated net sal...
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