Stevens Point Organizations Ignite Literacy Efforts for National Book Lovers Day

Worzalla, an employee-owned printing company specializing in high-quality children’s books, cookbooks, and hard-cover best sellers, is working with the Portage County Library to support their summer reading programs with the goal of inspiring the community to reach their summer reading goals. Worzalla has donated 500 children's books for the Library to use as summer reading rewards and is also donating 500 bags that the Library will use for their Lit Loot program. “We love to get children and teens reading, learning, and participating at the library each summer, and then reward their hard work with prize books, but incentives like these are quite costly. We are thrilled that Worzalla has offered to help us cover some of these expenses so that we can expand our programming and reach even more community members,” said Nicole Ozanich, Youth Services Librarian at the Portage County Public Library.

Q3 Key messages *GAAP net sales, including the impact of foreign exchange, increased 6.4%; Non-GAAP organic net sales increased 5.5%; largely driven by strengthening demand for many of the Company’s products and services *GAAP and Non-GAAP income from operations exceeded prior year; both benefitted from higher sales and strong cost management despite supply chain challenges and inflation *GAAP operating margin improved 450 bps while Non-GAAP improved by 20 bps *GAAP earnings per share from continuing operations of $0.38 and Non-GAAP adjusted earnings per share from continuing operations of $0.57, both improved significantly from prior year *Cash used in operating activities during the nine months ended September 30, 2021 was $29 million compared to cash provided by operating activities of $25 million in the prior year period; current year results reflect working capital investments due to increased volume and inflation in addition to $33 million paid earlier this year to settle LSC bankruptcy-related claims and terminate certain interest rate swap agreements *Gross leverage ratio of 3.7x improved 1.0x from September 30, 2020; net leverage ratio of 3.2x improved 0.5x from the same period last year

As the printing industry’s need for new talent intensifies, its most thoroughly conceived partnership for workforce development is making steady progress on multiple fronts. Mariano Rivera, a legend in Major League Baseball and a philanthropist in private life, is working with printing companies and suppliers in Florida, Texas, and the Northeast to expand a vocational training program aimed at equipping underserved young people with sets of certified and highly employable job skills.