TC Transcontinental Posts Slight Revenue, Income Increases
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Excluding acquisitions, divestitures and closures, the impact of the exchange rate and the paper component variance, organic revenue growth was slightly positive and was generated in all three operating sectors.
For this same period, adjusted operating income increased 1 percent, from $249.9 million to $252.7 million, driven primarily by the Printing sector through the contribution of new contracts coupled with the synergies associated with the use of our most productive assets and continued efficiency improvement initiatives. This growth was partially offset by continued strategic investments in the Media and Interactive sectors.
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- Transcontinental Inc.
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