TC Transcontinental proudly introduced a panoramic insert, called Panoramax. The format is 63.5x2", which is then folded into four panels for final dimensions of 16x10.5"; it can be printed front and back in full color; plus, it fits into many types of advertising vehicles, such as Publisac and newspapers.
Transcontinental kept its momentum in the fourth quarter and ended fiscal 2008 with adjusted earnings per share of $1.73, compared to $1.50 in 2007, up an appreciable 15%. Adjusted net income, which excludes asset impairment, restructuring costs and unusual adjustments to income taxes, is a good indicator of the Corporation’s operating performance.
A new operating structure has been implemented at Transcontinental Inc. to support its growth strategy by creating the Marketing Communications Sector. It is designed to accelerate the development of new services focused on one-to-one advertising and new communications platforms, while continuing to strengthen and extend its publishing and printing assets through its Media and Printing Sectors.
MONTREAL—November 14, 2008—Transcontinental Inc. today announced the appointment of Brian Reid as President of its Printing Sector, effective immediately. The sector brings together services to retailers and publishers of newspapers, magazines, books and catalogs, as well as Transcontinental’s U.S. direct mail and Mexican operations. Mr. Reid is responsible for approximately 8,500 employees and revenues of more than $1.5B on an annualized basis. He will also join Transcontinental Inc.’s Senior Management Committee.