Out of the fire
Several European companies have released their Q3 figures in the last few days, all showing a general improvement in their fortunes. In every case this has followed a radical restructuring and heavy cost cutting together with investment in inkjet print technology and a renewed focus on packaging printing.
However, some of these profits are down to favourable currency movements – which have tripped up some US-based companies on the wrong side it. So it will be at least another quarter or two before we can breathe easily about the state of the industry. Just in time for Drupa.