Donnelley Reports Sales Growth, Announces $1 Billion Share Repurchase
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Net sales for the International segment in the quarter increased 11.1 percent from the first quarter of 2010 to $642.4 million, inclusive of a $15.2 million favorable impact of changes in foreign exchange rates. The improvement was driven by increased volume, primarily in Asia, Europe and Latin America and the acquisition of Bowne, partially offset by continued price pressure. Pro forma for the acquisition of Bowne, the International segment's net sales increased 4.5 percent.
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- Companies:
- RR Donnelley
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