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Article: Quebecor Printing Inc. - 1995, a great milestone revenues exceed US $3 billion and net income exceed US $105 million.
- Article from:
- Business Wire
- Article date:
- February 1, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MONTREAL--(BUSINESS WIRE)--Feb. 1, 1996--QUEBECOR PRINTING INC. (ME, TSE:IQI NYSE:PRW) For the fourth quarter of 1995, Quebecor Printing Inc. reported consolidated revenues of US $835.1 million compared with US $634.3 million in the corresponding 1994 period, an increase of US $200.8 million or 32 percent.
Net income rose to US $34.9 million (US $0.34 per share) from US $27.1 million (US $0.27 per share), an increase of 29 percent from the previous year.
Operating income for the fourth quarter of 1995 reached US $77.0 million, an increase of US $20.0 million over the corresponding 1994 quarter. The growth in the fourth quarter is largely attributable to 1995 ...