Heidelberg has released its financial results for the first half of its financial year from April to September, recording a net result after taxes of €28 million, the first profitable half year in ten years, demonstrating the strategy of turning to digital technology to turn the company around is paying off. Continue reading “Heidleberg hits half year mark”
Kodak has released a disappointing set of Q3 figures, reversing the $12m profit of last year’s Q3 results with a with a net loss of this quarter. Revenues fell from $411m in Q3 2016 to $379m this year. Continue reading “Kodak Q3 figures deliver $46m net loss”
Last week I covered Xeikon’s attempts to develop an inkjet label press based on an existing design from an unnamed vendor. Yesterday, I reported that EFI was planning to spin off its Jetrion inkjet presses to an unnamed developer. So, it’s not surprising that today we have news that Xeikon has been working with EFI and has signed a deal over EFI’s Jetrion label presses. Continue reading “Xeikon signs agreement with EFI over Jetrion”
EFI has revealed it is in the midst of selling its Jetrion inkjet label presses business whilst reporting disappointing figures for the third quarter of this year.
Ink manufacturer Siegwork has acquired the Dutch company Van Son Liquids, which produces flexographic inks. Siegwerk is looking to improve its water-based ink offerings for packaging printing through this move. Continue reading “Siegwerk acquires Van Son liquids”
Heidelberg’s figures for the first quarter of this financial year show an increase in sales and earnings with the order books for the new B1 digital Primefire press said to be full for the next two years. Continue reading “Heidelberg reports rising sales”
Bobst has reported its sales figures for the first half of this year, which show sales of CHF 643.2 million up by 7 percent over the first half of 2016. Continue reading “Bobst buoyant on first half results”
Quark Software, best known for its QuarkXPress page layout software, has been acquired by Parallax Capital Partners LLC, a private equity firm based in California and specialising in software. Parallax will invest further in Quark to drive up adoption for its content automation solutions. Continue reading “Quark acquired by Parallax venture capital”