Verso's Corporate Customers have recorded an advance in their cost of revenue by 7.68 % in the 4 quarter 2021 year on year, sequentially costs of revenue grew by 0.34 %. During the corresponding time, Verso Corporation recorded a revenue increase by 4.46 % year on year, sequentially revenue fell by -3.24 %. While revenue at the Verso Corporation's corporate clients recorded rose by 12.62 % year on year, sequentially revenue fell by -6.6 %.
Verso's Customers have recorded an advance in their cost of revenue by 7.68 % in the 4 quarter 2021 year on year, sequentially costs of revenue grew by 0.34 %, for the same period Verso Corporation recorded revenue increase by 4.46 % year on year, sequentially revenue fell by -3.24 %.
We participate in the printing papers, specialty papers, and pulp markets and
have developed long-standing relationships with many premier customers in these
areas. Several of these relationships span more than 20 years. Our largest customer,
Veritiv Corporation, accounted for approximately 20% of our net sales in 2015.
Our key customers in the printing papers arena include Condé Nast Publications,
National Geographic Society, Restoration Hardware, Inc., Quad/Graphics, Inc.,
RR Donnelley & Sons Company, and Clifford Paper, Inc. Our key customers in
the specialty papers market include Avery Dennison, Fort Dearborn, and American
Packaging.
Verso’s Comment on Sales, Marketing and Customers
We participate in the printing papers, specialty papers, and pulp markets and
have developed long-standing relationships with many premier customers in these
areas. Several of these relationships span more than 20 years. Our largest customer,
Veritiv Corporation, accounted for approximately 20% of our net sales in 2015.
Our key customers in the printing papers arena include Condé Nast Publications,
National Geographic Society, Restoration Hardware, Inc., Quad/Graphics, Inc.,
RR Donnelley & Sons Company, and Clifford Paper, Inc. Our key customers in
the specialty papers market include Avery Dennison, Fort Dearborn, and American
Packaging.
Sources:
Verso Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Verso Corporation’s corporate clients.
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