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Punch Graphix mid-Year Report

August 30, 2010

Punch Graphix, which controls the Xeikon and basysPrint technology brands, published its mid-year financial report yesterday, describing "considerably strong revenue and profit growth" in both equipment and consumables sales.

"Our recurring digital print consumable revenue is up significantly by 21 percent," stated Wim Maes, CEO of Punch Graphix, who also reported equipment sales are up 23 percent midway through the year, while the company's prepress unit is up over 30 percent. "Overall, we're up 19 percent both in Europe and in the U.S., and our investments in distribution channels in the BRIC areas are also bringing results."

The company's Xeikon entity primarily focuses on industrial (label) and document printing segments, having most recently introduced the Xeikon 3500 label press. Xeikon also recently enhanced its QA-I toner to meet FDA guidelines for indirect food contact, as well as direct contact with dry food substances that contain no surface oil or fat.

Within document-focused printing, Xeikon recently introduced an upgrade option to increase the productivity of its Xeikon 8000 flagship press, which can now reach 260 pages per minute. Punch's BasysPrint entity focuses on the development conventional UV-platemakers.

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