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Xeikon reports strong third quarter

November 13, 2012

Digital Printing sales during the third quarter rose 25% compared with the third quarter of 2011.

Digital press manufacturer Xeikon reports that due to a drupa, sales in the third quarter were 19% up on the same period last year. However, at EUR 88.3 million, sales for the period (January to September) were 4.8% lower than in 2011 (EUR 92.8 million).

Digital Printing Solutions sales during the third quarter rose 25% compared with the third quarter of 2011. Prepress Solutions sales in the same period were 1.6% higher than last year. Over the first three quarters, Digital Printing Solutions generated sales at the same level as in 2011, whereas Prepress Solutions sales over that period were 16.4% lower.

Thanks to the successful participation in the graphics trade fair drupa, turnover from equipment sales during the third quarter of 2012 was significantly higher than last year (+ 40%). Turnover from consumables and service activities in the third quarter was up 6.4% on last year. This increase is mainly due to growth in the Labels & Packaging segment. Over the period January to September, turnover from equipment sales was 5.1% lower than in the same period last year; recurring income from consumables and service activities was 4.8% down.

In Europe, sales rose by 3.9% over the first three quarters, but in America and Asia they were 21% and 2.2% lower respectively than in the same period in 2011.

Based on the state of the order book, the management expects sales in the fourth quarter of 2012 to be slightly higher than those for the fourth quarter of 2011.

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