Quebecor World Inc. reported a net loss of $54 million for the fourth quarter of 2003, compared with net income of $71 million last year. The printing giant posted consolidated revenue of $1.74 billion for the quarter ended Dec. 31, up 2% from $1.70 billion during the prior year. The Montreal company attributed these results to industry-wide price declines and other factors.
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Quebecor World Inc. reported a net loss of $54 million for the fourth quarter of 2003, compared with net income of $71 million last year.
The printing giant posted consolidated revenue of $1.74 billion for the quarter ended Dec. 31, up 2% from $1.70 billion during the prior year.
The Montreal company attributed these results to industry-wide price declines and other factors.
