Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Xeikon Releases Half-Yearly Report - Ink World Magazine

What are you searching for?

Sign in
Industry News

Xeikon Releases Half-Yearly Report

Report shows increasing sales accompanied by a strong increase in net profit

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Xeikon has published its half-yearly report for 2013. According to the report, sales during the first half were €57.6 million (H2-2012: €56.4 million). The group’s operational cash flow (EBITDA) increased during the same period to €12.6 million (H1-2012 €10.1 million). The net profit for the first half of 2013 was €7.3 million, compared with €4.6 million for the first half of 2012.

Other highlights of the report include:

• Sales for the first half of 2013 were 2% higher than in the same period last year.
• Digital Printing Solutions sales rose by 12% from their 2012 level, while Prepress Solutions sales fell by 26%.
• Analysis per activity shows that equipment sales were up 8% compared with the first half of 2012.
• Recurring income from consumables and service activities fell slightly, by around 2%.
• The decrease in sales in Europe is mainly due to lower sales of Prepress Solutions. The sales growth reported for North and South America is mainly due to South America.
• Compared with the same period in the previous financial year, EBITDA rose by 25% to €12.6 million (H1-2012: €10.1 million).
• This increase is a consequence of the higher sales, a better product mix and strict cost management.

Add us as a preferred source on Google

Get the latest Ink World magazine news, insights and analysis in your Google Search and AI experiences.

Add Ink World magazine as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters