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Questions
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Our company is an established printer with a long history. We are quite profitable relative to our peers. It is obvious, however, that the printing industry in general is in decline. We are also noticing that clients are ordering less volume. So far we have been able to hold prices but the early indicators from our sales team is that we will see push back on our prices next quarter. All of our management discussions focus on efficiency and optimizing equipment utilization. It seems like we should be looking at a significant strategic alternatives. For example exiting the publishing business or acquiring competitors.
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The company frequently issue press releases related to product announcements, new customers, and events, but we don't have a method to track whether or not press releases make a difference.
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