CBS News featured Onward Reserve, a valued Lett Direct client and The Dingley Press, a trusted partner in a segment that aired nationally this week. This informative story confirms the importance of catalogs as a major driver of traffic to the web. It’s very well done and we want to share this segment with you in case you missed it.
https://www.cbsnews.com/videos/printing-catalogs-is-a-booming-business-in-this-state/?utm_source=Lett+Direct+Subscribers+-+Updated&utm_campaign=97d482fee6-2017_09_20&utm_medium=email&utm_term=0_3f5db68a9d-97d482fee6-465671601&mc_cid=97d482fee6&mc_eid=6c15c235f5
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*2023 reported revenue decreased 2.0% including impact from divestitures, while comparable adjusted revenue increased $6 million or 0.3%. *Third consecutive year of revenue growth, on a comparable adjusted basis. *Full year GAAP diluted EPS was $0.59 while adjusted diluted EPS was $3.32. *Full year net income was $26.2 million, down from $65.5 million in 2022, on increased interest expense and restructuring activity.
The Sustainable Green Printing Partnership announced its participation in the Kansas City Sports & Sustainability Symposium on Aug. 17, 2021. The Symposium will be held at Kansas City Chiefs’ Arrowhead Stadium. Attendees include regional professional and collegiate sports teams and venues, concessionaires, business and public leaders, and athletes to explore how the industry can make plays to advance healthier, more sustainable communities. The program covers sustainability focusing on local action across environmental and social fronts. SGP Partnership will participate in the showcase of sponsors, highlighting the role of SGP certified printing facilities can play in the sustainability of sporting events and venues. “I am looking forward to attending and sharing more with the Kansas City sports teams and the Green Sports Alliance on how using SGP certified printers can accelerate their sustainable contribution in local communities. With sport venues using a large amount of print including outdoor signage, arena graphics, packaging and event materials, SGP can helps align the sustainability goals of these teams in their print supply chains,” said Bryan Rose, SGP Board of Directors and vice-president at Cooley Group. “We can help make a transformative change by providing the sports industry printed materials with the best possible sustainable profile.
Due to a potential shortage of photoinitiators as reported earlier this week by the European Printing Ink Association (EuPIA), Sun Chemical customers that receive energy curable inks could experience product delivery delays in the future. Governmental initiatives and regulations geared toward environmental protection have led to many suppliers of photoinitiators to either cease or reduce production for limited periods of time. Additionally, the declaration of a force majeure at a variety of manufacturing plants has led to unplanned maintenance and production outages. Click Read More below for additional information.