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Industry profits up 20% in First Quarter

Commercial printing profits before income taxes for the first quarter of 2007 were up 20.

By Dr. Joe Webb
Published: June 12, 2007

Commercial printing profits before income taxes for the first quarter of 2007 were up 20.7% compared to the first quarter of 2006.

Compared to the most recent calendar quarter, annualized profits were $4.66 billion, flat with the annualized profits of the fourth quarter of 2006.

We will have an analysis in the upcoming "Mondays with Dr. Joe" column of June 18, and a discussion of the longer term trends and implications in the economic webinar of June 20.

Annualized paper profits were up 130% compared to last year, as the figure includes profits from sales of assets and other non-operational income of the fourth quarter of 2006. Profits before income taxes for the first quarter were 4% of revenues, which was more in line with recent historical trends.

Dr. Joe Webb is one of the graphic arts industry's best-known consultants, forecasters, and commentators. He is the director of WhatTheyThink.com's Economics and Research Center.

What do you think? Please send feedback to Dr. Joe by emailing him at drjoe@whattheythink.com.

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