We are highly disappointed once again with our printing operations, said Peladeau in a conference call with analysts after Quebecor released its third-quarter results. The worlds largest commercial print group last week reported a 40% fall in net income and a 1.9% drop in revenues for the third quarter.
Our objective is very simple, he added. It is to reinstate the Quebecor culture. It is made of discipline, control and a lean and mean approach to management.
Criticising former Quebecor World chief executive Charles Cavell, who left earlier this year, Peladeau said: Weve got to reinject a high level of accountability, something that was lost under the previous management.
Have your say in the Printweek Poll
Related stories
Latest comments
"Many of us designers create artwork for mixed media campagins (such as print, social media, digital billboards). Keeping images in RGB and letting the RIP convert saves a lot of time and energy rather..."
"Excellent news on both productivity and sustainability; great to see Acorn investing to deliver a better outcome for both into the future. Well done 🙌🙌🙌"
"The poor staff is who I feel for"
Up next...
New sites planned
Blue Sky Printing eyes further expansion as it turns 10
Third straight quarter of revenue growth
HP plans up to 2,000 job cuts to secure against macro threats; posts 2.4% growth
Double install
