RR Donnelley will now provide a range of print management, direct response, warehousing and logistics services for International Airlines Group (IAG) and its subsidiaries British Airways, Iberia and Avios.
RR Donnelley
CHICAGO—RR Donnelley reported a 2012 fourth-quarter net loss attributable to common shareholders of $849 million, or $4.70 per diluted share, on net sales of $2.7 billion compared to a net loss of $326.7 million, or $1.78 per diluted share, on net sales of $2.7 billion in the fourth quarter of 2011.
R.R. Donnelley & Sons Company plans to offer $350 million of senior notes due 2021 in an underwritten public offering, and intends to use the net proceeds from this offering, along with borrowings under its revolving credit facility.
R.R. Donnelley & Sons Co. has reported a 2012 fourth-quarter net loss attributable to common shareholders of $849.0 million. "Following the challenging conditions we have faced for the last several quarters, we are pleased with the improvement in revenue and margin trends we achieved in the fourth quarter," said Thomas J. Quinlan III, RR Donnelley's president and CEO.
Commercial Printing Industry News Briefs from Printing Impressions’ February 2013 edition, including items on Colorfx, Quad/Graphics, Impact Color, Toof Commercial Printing, RR Donnelley (RRD), Murray Printing, Vertis and Xeikon NV.
What is striking about the round of installations this year over last, we are hearing about far fewer installation problems and challenges with substrates. We are hearing more about the costs and need to expand post-processing capabilities rather than installation or performance of the presses themselves. Business cases are still strong but, unlike the earliest adopters, those needs were not as acute, so they had the luxury of hanging back and biding their time until that time was right.
CHICAGO—RR Donnelley is shutting down its printing facility in Greenville, WI (near Appleton). The closure, which will impact 47 workers, is slated to take place at the end of April, the Green Bay Press Gazette reported.
R. R. Donnelley & Sons announced that Daniel L. Knotts is being named chief operating officer, succeeding John R. Paloian who is retiring after more than 25 years in the industry. Knotts, 48, joined RR Donnelley in 1986 and has served in a variety of accounting, operations, sales leadership and general management roles.
Direct mail is still considered the marketing channel of choice by a vast number of marketers across verticals ranging from telecom and utilities to nonprofit, publishing and financial services. According to the Direct Marketing Association's “2012 Response Rate Report,” the rates for letter-sized direct mail (3.4 percent) were 30 times higher than those for email (0.12 percent). The belief that direct mail is dead or dying will have to be suspended for the time being.
Multichannel marketing continued to be the main focus for both publishers and catalogers in 2012, with the integration of print and electronic media being a key driver. As mobile technology such as smart phones and tablets gained more popularity, publishers continued to look for ways to monetize and incorporate them into their mix. The adoption of QR codes, pURLs and Augmented Reality applications also continued to grow.