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Donnelley Reports Mixed, Largely Flat Financial Results

November 3, 2010

The segment's operating income improved to $23.5 million in the third quarter of 2010 from a loss of $72.3 million in the third quarter of 2009 (including the negative impact of charges for restructuring and impairment of $29.6 million in the third quarter of 2010 and $127.3 million in the third quarter of 2009).

Excluding the restructuring and impairment charges, the segment's non-GAAP operating margin decreased to 8.5% in the third quarter of 2010 from 8.6% in the third quarter of 2009 due to the fees received related to the transition of a customer contract in 2009 and the impact of continued price erosion, partially offset by increased volume.             

About R.R. Donnelley
R.R. Donnelley (Nasdaq:RRD) is a global provider of integrated communications. Founded more than 146 years ago, the Company works collaboratively with more than 60,000 customers worldwide to develop custom communications solutions that reduce costs, enhance ROI and ensure compliance. Drawing on a range of proprietary and commercially available digital and conventional technologies deployed across four continents, the Company employs a suite of leading Internet-based capabilities and other resources to provide premedia, printing, logistics and business process outsourcing products and services to leading clients in virtually every private and public sector. www.rrdonnelley.com.

Source: Financial release.

 

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