The Week That Was
On this episode of The Week that Was, Quad released its Q4 and FY19 financials; Domtar has acquired Appvion's point of sale paper business; Jeff Jacobson talks about emerging industry trends; and the latest study on recruiting and retaining skilled production staff was released.
Quad reported that its 2019 full-year net sales were down 1.6% and Q4 sales were down 4.9%, respectively, when compared to 2018.
Trends that have most recently emerged, according to Jeff Jacobson, will be ones that continue to drive migration for some time – AI integration, machine learning, workflow, multifaceted and end-to-end solutions, etc. Implementation of new technologies into new and different markets will continue to grow and shape printers' business initiatives.
The agreement is expected to close the second quarter of 2020, and includes equipment and a license for intellectual property.