Second quarter net sales were $848 million, down $58 million, or 6.4%, from the second quarter of 2016. After adjusting for the December 2, 2016 acquisition of Continuum and the March 1, 2017 acquisition of Hudson Yards, changes in foreign exchange rates, and pass-through paper sales, organic net sales decreased 6.8% from the second quarter of 2016. The decrease in organic net sales was due to lower volume and price declines in both the Print and Office Products segments.
Royle Printing is pleased to announce that Todd Kintopf is joining Royle Printing as Manager of Mailing and Distribution Services. In this role, Todd will oversee all aspects of mailing and distribution, both of which play a critical role for Royle and their customers.
“We are very pleased to have Todd join our team,” says Chris Carpenter, President and Owner of Royle Printing. “His experience and tenure in mail and distribution services will be put to good use as Royle grows and expands our service offering in these areas. We are continuing to invest in equipment, technology and partnerships, to provide customers with highly efficient and cost effective solutions. Todd will play a lead role in helping us fulfill this plan.”
Todd is a well-known resource within the distribution and mailing industry and brings over 33 years of experience to Royle Printing. He has been with Perry Judds, Arandell Corporation and most recently; he worked with LSC Communications, Inc. where he played a key role in organizing and executing mailing strategies that optimized co-mail results for customers.
“Royle’s leadership and financial strength puts them in an excellent position for growth,” states Kintopf. “I am excited to lead the efforts to expand and enhance their mailing and distribution capabilities, including a more robust and efficient co-mail platform.