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R.R. Donnelley Posts Income, Sales Drops

Printing giant R.R. Donnelley & Sons Co., based in Chicago reported. net income of $38.3 million for the quarter ended June 30, a decline from $56.3 million for the same period a year ago. Net sales for the quarter were $1.3 billion, a 7% drop from $1.4 billion a year ago. The company attributed these results costs associated with the announced closings of company printing plants, workforce reductions

Printing giant R.R. Donnelley & Sons Co., based in Chicago reported. net income of $38.3 million for the quarter ended June 30, a decline from $56.3 million for the same period a year ago.

Net sales for the quarter were $1.3 billion, a 7% drop from $1.4 billion a year ago.

The company attributed these results costs associated with the announced closings of company printing plants, workforce reductions and the soft economy in general.

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