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Home » Business News
Business News
Tuesday 27. August 2013

Hönle generates operating result of EUR 5.3 million

Sales revenues earned by the Hönle Group increased from TEUR 51,725 in the previous year to TEUR 55,531 in the first nine months of financial year 2012/2013 due to acquisitions. The corporate group generated an operating result (EBIT) of TEUR 5.330 after TEUR 5,316 in the comparable previous year’s period. Pre-tax earnings amount to TEUR 4,841 (PY: TEUR 4,961), and consolidated net earnings came to TEUR 3,589 (PY: TEUR 3,285), which corresponds to earnings per share of EUR 0.63 (PY: EUR 0.55).

Monday 26. August 2013

2013 Ratios Show Printing Industry Profits Increasing

North American printers are learning to improve their profitability even as top-line challenges in sales remain. Printers participating in this years’ Ratios Survey attained average profit rates of 2.7 percent on sales—up from 1.8 percent last year. This is the highest level in the past six years, but it is still not back to the pre-recession level of 3.1 percent in 2008.

Monday 26. August 2013

GMC Hires Technology Industry Leader Michael Charest as Vice President of Sales

Charest to support company’s continued expansion of its GMC solution into vertical markets within North America

Monday 26. August 2013

Reynolds Acquires Virginia-based Business Forms Company

Additional strength in serving automotive dealerships in Virginia

Friday 23. August 2013

PHOTIZO GROUP NAMED TO INC. 5000

Photizo Group ranks 1655 on Inc. Magazine’s annual list of the fastest-growing private companies in America

Friday 23. August 2013

Cenveo Enters into a Definitive Agreement to Purchase National Envelope

Cenveo, Inc. (NYSE: CVO) today announced that it has entered into a definitive agreement to acquire substantially all of the operating assets of National Envelope (“National” or the “Company”). In conjunction with Cenveo’s agreement, Hilco Receivables has agreed to acquire substantially all the accounts receivable and Southern Paper has agreed to purchase the inventory of the Company. Cenveo’s purchase price is expected to consist of approximately $20 million of cash and $5 million of Cenveo common stock. The closing is subject to Bankruptcy Court approval and customary closing conditions.

Friday 23. August 2013

Harvey Levenson Retires – Continues as GrCI Director Endowment Established

Harvey Levenson retired after 30 years of continuous service as head of Cal Poly’s Graphic Communication Department, the longest ongoing tenure as a department head in the over 100 year history of Cal Poly. He also is the architect of the Graphic Communication Institute at Cal Poly (GrCI) founded in 2001.

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