LSC Communications Renews and Expands Print Supply Chain Agreement with Penguin Random House
CHICAGO--(BUSINESS WIRE)--Jul 11, 2018--LSC Communications (NYSE: LKSD) announced today a multi-year agreement with Penguin Random House that renews and expands the companies’ print supply chain services relationship. Under the new agreement, LSC will continue to provide printing and binding services across Penguin Random House’s U.S. book imprints.
“LSC has had a productive and long-standing relationship with Penguin Random House, which we are pleased to extend,” noted Dave McCree, President of LSC’s Book Sales Division. “LSC continues to invest in our solutions for book publishers, and we are proud that our clients value the flexibility and focus that our platform provides to support their long-term objectives.”
About LSC Communications
With a rich history of industry experience, innovative solutions and service reliability, LSC Communications (NYSE: LKSD) is a global leader in print and digital media solutions. The company’s traditional and digital print-related services and office products serve the needs of publishers, merchandisers and retailers around the world. With advanced technology and a consultative approach, LSC’s supply chain solutions meet the needs of each business by getting their content into the right hands as efficiently as possible.
Use of Forward-Looking Statements
This news release may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements, including risks associated with the ability of LSC Communications to perform as expected as a separate, independent entity and risks associated with the volatility and disruption of the capital and credit markets, and adverse changes in the global economy. Readers are strongly encouraged to read the full cautionary statements contained in LSC’s filings with the SEC. LSC disclaims any obligation to update or revise any forward-looking statements.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180711005072/en/
CONTACT: LSC Communications Investor Relations Contact:
Janet Halpin, Senior Vice President, Treasurer and Investor Relations
KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS
INDUSTRY KEYWORD: ENTERTAINMENT COMMUNICATIONS ADVERTISING MARKETING BOOKS PUBLISHING OTHER COMMUNICATIONS
SOURCE: LSC Communications, Inc.
Copyright Business Wire 2018.
PUB: 07/11/2018 06:30 AM/DISC: 07/11/2018 06:31 AM