Industry News

Valassis Announces Results for 2Q 2013

Second-quarter 2013 revenues were $495.9 million, a decrease of 8.2% from 2Q 2012

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Valassis announced financial results for the second quarter ended June 30, 2013. Second-quarter 2013 revenues were $495.9 million, a decrease of 8.2% from $540.2 million in the prior year quarter. This decrease was due primarily to an anticipated decline in revenues in the Neighborhood Targeted segment resulting from the change in certain client contracts to a fee-based media placement model, as well as the discontinuance of the sampling and solo direct mail products. Without the effect of these...

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