R.R. Donnelley Revenue, Income Rise

Share this content:
Net income at R.R. Donnelley doubled in the fourth quarter versus the 2002 fourth quarter, and revenue rose 3 percent, the company said last week.

For the 2003 fiscal year revenue was up 1 percent from 2002 while net income increased 24 percent.

Donnelley called a 14 percent drop in Q4 domestic book revenue "disappointing" and added that reprint orders in the education and specialty segments were weaker than expected. Q4 print unit volumes increased in the magazine, catalog and retail business despite a decrease in magazine industry ad pages in the fourth quarter.

Growth in the print and package logistics businesses and the acquisition of Momentum Logistics contributed to a 12 percent Q4 increase in net sales for the logistics segment, the company said, but the segment reported an $11 million loss in the quarter compared with a $4 million profit in the 2002 Q4.

The company attributed the loss to factors including start-up costs for the new supercenter in York, PA, and higher-than-expected transportation costs.


Next Article in Direct Mail

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above