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Gallus Group posts 2013 profits

March 11, 2014

The Group said its business was stimulated by growing economic stability.

Following a marked upturn in business in the second half of the year, the Gallus Group posted a turnover of CHF 188 million (approximately $214 million USD) in 2013. In 2012, its turnover was CHF 193 million (nearly $220 million USD). 

According to the Group, the global economy stabilized over the course of 2013, supporting positive business performance. Following a modest start to the year, incoming orders and turnover increased significantly during the second six months, slightly exceeding the company's expectations.

"The label printing press business saw sustained demand for competitive machines in lower-priced printing presses, not least because an increasing share of turnover was being generated in the emerging markets," the company says. "The Gallus ECS 340, in particular, was well placed to meet this demand. With this machine system, Gallus became the first printing press manufacturer to use technical granite as the carrier for printing and processing units. The shortest setup times in the industry coupled with further innovations in the use of the printing press enable users to cut their label production costs significantly."