M and F Worldwide Corp.
M & F Worldwide Corp. (M & F Worldwide) operates as a holding company. The company owns and manages four subsidiaries namely, Harland Clarke Corp., Harland Financial Solutions, Mafco Worldwide Corporation and Scantron Corporation. Harland Clark offers check and check-related products, contact centre services and direct marketing services to various commercial, financial institutions and individual consumers. Harland Financial subsidiary provides technology products and services to financial institutions. It also provides customer relationship management, branch automation, compliance and operational risk management, lending, business intelligence, mortgage origination and servicing applications and related advisory services. The company`s Mafco Worldwide subsidiary provides licorice products. Its Scantron subsidiary provides various services, including data collection and analysis, testing and assessment systems services.The company reported revenues of (U.S. Dollars) USD 1,906.20 million during the fiscal year ended December 2008, an increase of 29.43% over 2007. The operating profit of the company was USD 293.00 million during the fiscal year 2008, an increase of 80.09% over 2007. The net profit of the company was USD 67.70 million during the fiscal year 2008, whereas the company reported a net loss of USD 4.20 million during 2007.
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