Profitability Rising for Performance Indicators Participants

By Andrew Paparozzi
In April 2, 2010

EBITDA/sales continues to rise for NAPL Performance Indicators participants. After falling to 3.4% in May 2009, the six-month moving average rose to 7.7% in November before slipping back to 7.5% in December. In comparison, the 12-month moving average rose to 6.0% in December, down from 7.2% in January 2009 but up from the 5.1% August-October trough. (See the graph below.)

That many Performance Indicators participants are already coming out of recession isn’t surprising: The program is about companies that are leaders and determined to stay leaders and companies determined to become leaders. There are many ways to define leaders.  As NAPL has long emphasized, leaders are certainly not immune to recession. But even at recession’s deepest point they are still able to focus on getting more efficient, more competitive, and more valuable to their clients. They do not get complacent about their businesses and continuously improve themselves so that they can come out of the recession sooner and stronger than the industry at large.

For a comparison of industry EBITDA/sales and top NAPL Performance Indicators participants, please click here.

EBITDA_Sales2009€

Andrew Paparozzi

Epicomm's Andrew Paparozzi, Vice President/Chief Economist, is well-known for his accurate and thoughtful discussions on the economy and US commercial printing industry. A foremost author and speaker on economic business trends in the printing industry, Paparozzi heads Epicomm's Printing Economic Research Center.

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