Business News
Punch Graphix nv: Half-yearly report 2010 available
Friday 27. August 2010 - Growth in both machine sales and recurring income
Punch Graphix nv (Punch Graphix) publishes its 2010 half-yearly report today. Sales during the first half rose 18% to EUR 66 million (H1-2009: EUR 56 million), with demand for machines and consumables increasing sharply.
The groups operational cash flow (EBITDA) over the first half rose from EUR 4.9 million last year to EUR 12.2 million. The net profit for the first half was EUR 1.6 million, including the negative result from the stake in Accentis of EUR 3.7 million; in the first half of 2009 a loss of EUR 11.0 million was reported. The groups policy remains focused on aligning the operating costs with the activity level and implementing further efficiency improvements.