Meredith's Suppliers recorded an increase in sales by 22.74 % year on year in Q1 2021, sequentially sales grew by 6.31 %, while their net margin rose to 11.11 % year on year, compared to the previous quarter Meredith's Suppliers had a lower net margin at 6.31 %,
Meredith's Suppliers recorded an increase in sales by 22.74 % year on year in Q1 2021, sequentially sales grew by 6.31 %, while their net margin rose to 11.11 % year on year, compare to previous quarter MDP's Suppliers had lower net margin at 11.11 %,
Paper, printing, and postage costs accounted for 31 percent of the national media
segmentsoperating expenses.
Coated publication paper is the major raw material essential to the national
media segment. We directly purchase all of the paper for our magazine production
and custom publishing business. The Company has contractual agreements with
major paper manufacturers to ensure adequate supplies for planned publishing
requirements. The price of paper is driven by overall market conditions and
is therefore difficult to predict.
Meredith has printing contracts with two major domestic printers for our magazines.
The national network affiliations of Merediths 13 network-affiliated television
stations also influence advertising rates. Generally, a network affiliation
agreement provides a station the exclusive right to broadcast network programming
in its local service area. In return, the network has the right to sell most
of the commercial advertising aired during network programs.
Meredith's Comment on Supply Chain
Paper, printing, and postage costs accounted for 31 percent of the national media
segmentsoperating expenses.
Coated publication paper is the major raw material essential to the national
media segment. We directly purchase all of the paper for our magazine production
and custom publishing business. The Company has contractual agreements with
major paper manufacturers to ensure adequate supplies for planned publishing
requirements. The price of paper is driven by overall market conditions and
is therefore difficult to predict.
Meredith has printing contracts with two major domestic printers for our magazines.
The national network affiliations of Merediths 13 network-affiliated television
stations also influence advertising rates. Generally, a network affiliation
agreement provides a station the exclusive right to broadcast network programming
in its local service area. In return, the network has the right to sell most
of the commercial advertising aired during network programs.
MDP's Suppliers Net Income grew by
MDP's Suppliers Net margin grew in Q1 to
94.33 %
11.11 %
MDP's Suppliers Net Income grew by 94.33 %
MDP's Suppliers Net margin grew in Q1 to 11.11 %
Meredith's Suppliers Sales Growth
in Q1 2021 by Industry
Sources:
Meredith Corporation's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
For your research, we’ve provided nine additional tables on Meredith Corporation’s suppliers.
You can find them in the navigation menu under Suppliers.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
60.47 % 