EFI has released its financial figures for its fourth quarter ending 31 December 2017, which show revenues up slightly by 1 percent to $269.2 million over the same quarter from the previous year. There was an overall net loss according to generally accepted accounting practices, or GAAP, of $25.4 million, which is particularly disappointing given that EFI made a net income of $19.9 million for the same period in 2016. Cash flow from operating activities was $8.9 million, down 86% compared to $65.2 million during the same period in 2016. Continue reading “EFI revenues show slight improvement”
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”
KBA, which has now rebranded itself as Koenig & Bauer, has published its interim results for the third quarter of this year. These show a 4 percent rise in orders to €903m and a slight 2 percent increase in revenue to €848m. Continue reading “Koenig & Bauer results hold steady”
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.
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”
Heidelberg has published its Q4 and end of year figures for last year showing its best quarterly sales and result since 2008, albeit based on preliminary figures. This means that Heidelberg has achieved its stated objective for the year as a whole, indicating that its strategic move to embrace digital technology is paying off. Continue reading “Heidelberg hits sales targets”