Business Management - Finance/Financial

RRD Reports Q3 Net Sales of $2.8B, a Decline of 4.4 Percent; Breakup Still on Track
November 5, 2015 at 10:53 am

RR Donnelley (RRD) has reported its financial results for the third quarter of 2015, with third-quarter net sales of $2.8 billion declining 4.4 percent from the third quarter of 2014; and organic net sales declining 3.1 percent from the third quarter of 2014. "We are pleased with our performance during the quarter, given the challenging demand environment. Our continuing focus on matching costs to demand resulted in a non-GAAP adjusted EBITDA margin of 10.8 percent in the quarter, a 20 basis point improvement from the same quarter last year," announced Thomas Quinlan III, RR Donnelley's president and CEO.