Leading industry group recognizes increasing role of digital printing solutions
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Company generates $53 million in Recurring Free Cash Flow during the quarter and $220 million year-to-date
Company evaluating alternatives to address 2013 maturity
– Record sales of more than 500 million euros targeted – Turnover boosted by online printing – Seasonal effect and innovations give rise to expectations for a substantial increase in the fourth quarter
Industry experts agree that the next big opportunity for speciality and inkjet is industrial print deployed within the manufacturing process. “There is very real demand today from a variety of customers in packaging, decor, floor- and wall-coverings and many other applications”, says Bill Baxter, CEO of global inkjet pioneers, Inca Digital.
Axel Springer Digital Classifieds, the company founded by Axel Springer and global growth investor General Atlantic as part of a strategic partnership in the spring of 2012, acquires a majority interest in Belgian property portal Immoweb.be. A share purchase agreement regarding the acquisition of 80 per cent of the shares in IMMOWEB S.A. was concluded with members of the owning family Rousseaux and Produpress S.C.A. today.
