Transcontinental Swings to Profit in Q2

Transcontinental Inc. reversed a large loss last year to earn $27.5 million in the second quarter on stable revenues.

The company said the acquisition of Quad/Graphics Canada and Redux Media helped offset the loss of Zellers flyer printing and a more difficult advertising environment.

CEO Francois Olivier said the benefits from integrating the Quad/Graphics printing assets have come more quickly than anticipated.