Quebecor World Reports $205 Million Loss

Quebecor World Inc. reported a net loss of $205 million for the fourth quarter, compared to net income of $46 million last year.

The printing giant reported consolidated revenue of $1.7 billion for the quarter ended Dec. 31, down from $1.8 billion last year.

The Montreal company attributed these results to higher energy costs and underperforming operations in France and the U.K