EFI moves closer to 2016 revenue target

Revenue in the fourth quarter of 2014 was 211 million USD, up seven percent year-on-year, while the full-year revenue total reached 790 million USD in 2014, up nine percent against the 2013 full-year revenue total.

‘Solid fourth quarter results wrapped-up another terrific year for the EFI team, delivering nine percent revenue growth and a 14 percent increase in EPS,’ said Gecht (pictured), ‘despite the significant negative impact of foreign exchange in the second half of the year.

‘Our ongoing focus on innovation across our entire product line-up is helping our customers around the globe win new business and boost profitability.’

EFI set itself a full-year billion dollar revenue target for the 2016 financial year in late 2013.

‘We are getting increasingly confident in delivering on our one billion USD revenue target for 2016 while hitting the higher end of our profitability range,’ added Gecht.