Banta Corp. reported net earnings of $68 million for 2004, up from $46.6 million the previous year.
The printing and marketing services giant reported net earnings of $19.6 million for the fourth quarter, up from 12.2 million last year.
The Menasha, WI firm reported revenue of $1.52 billion for the year ended Dec. 31, up from $1.42 billion in 2003.
“Our catalog and direct marketing print businesses experienced significant turnarounds from the prior year,” said CEO Stephanie A. Streeter in a statement. “The markets were stronger, boosting plant utilization, and our major productivity initiatives, which included last year’s restructuring, drove costs down and profitability up.” The primary elements of the 2003 restructuring were the closing of Banta’s catalog plant in St. Paul, MN, and its supply-chain management facility in Dublin, Ireland.
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