Business News
Thursday 04. March 2010

PRINT RESEARCH INTERNATIONAL FORMS TO HELP BUSINESSES ADAPT TO A CHANGING WORLD

Former St Ives technical director John Charnock has founded Print Research International, a one-stop knowledge base for the printing industry. Print Research International is the access point to a global network of experts and consultants, all specialists in their disciplines, and offers business management and consultancy to help printers, manufacturers and organisations worldwide, adapt to and profit from the changing face of the international graphic arts industry.

Wednesday 03. March 2010

Appleton Reports Fourth Quarter and Full Year 2009 Results

Improved earnings, improved cash flow and lower debt strengthen the Company’s outlook Fourth quarter 2009 – Net sales of $213.8 million were $11 million lower than Q4 2008 – Average weekly sales for Q4 2009 improved 2.5% compared to Q4 2008 (which had 14 weeks) – Gross profit margin of 18.3% up 2.1% – Selling, general & administrative expenses down 22.3% – Net cash generated from operations of $17.1 million up $10.3 million – Sale of C&H Packaging Company completed Full-year 2009 – Net sales of $862.1 million down 10.9% – Net income of $25.1 million up $122.5 million compared to 2008 – Selling, general & administrative expenses down 17.7% – Net cash from operations of $61.2 million, an increase of $59.5 million – Debt reduced $93 million from its 2009 peak and debt maturities extended
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