On March 1, 2012, the Company completed the sale of its Canadian business to Transcontinental. Quad/Graphics entered into a definitive agreement with Transcontinental on July 12, 2011, to essentially exchange its Canadian assets for Transcontinental's Mexican assets. “We are pleased with our integration progress in Mexico, which we continue to believe is a promising growth market,” Quadracci said.
Additionally, during the first quarter the Company announced a strategic partnership with Manipal Technologies Ltd. (ManipalTech), one of India's largest print services and end-to-end business solutions providers. Under the agreement, Quad/Graphics purchased a minority interest in ManipalTech, expanding Quad/Graphics' geographic reach to Asia, and broadening its product and service scope. Said Quadracci: “We are enthusiastic about our new partnership with ManipalTech, a rapidly growing, forward-thinking company, and believe that together we can create value in the region's fast-growing economy.”
First Quarter Conference Call
Quad/Graphics (NYSE: QUAD) will hold a conference call at 10 a.m. ET / 9 a.m. CT on Thursday, May 10, to discuss first quarter 2012 results. To access the
, it is recommended that you listen via computer at:
If for any reason you are unable to stream, you can listen to the audio via the telephone by calling:
- Toll-Free: (877) 217 - 9946 (US/Canada)
- Toll: (702) 696 - 4824 (International)
- Conference ID: 60651944
The replay will be available for 30 days following the conference call. To access the
replay via phone
, please call (855) 859-2056 or (404) 537-3406 and enter the Conference ID number
. To access the
replay via the internet
, please use the following link:
. Registration is required for replay.
To the extent any statements in this press release contain information that is not historical, these statements are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements relate to, among other things, the objectives, goals, strategies, beliefs, intentions, plans, estimates, prospects, projections and outlook of Quad/Graphics, and can generally be identified by the use of words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “plan,” “foresee,” “believe” or “continue” or the negatives of these terms, variations on them and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements.