Xeikon rewarded for financial health

Digital printing specialist Xeikon has received a Graydon Certificate, indicating it is a financially healthy company that is reliable to do business with.
 
Graydon states that it is a leading source for the business world in the Netherlands with regard to responsible business dealings. Graydon Certificates are only granted to Dutch organizations that meet a number of strict criteria. To be awarded, a company has to obtain a positive credit status with a minimal chance of unreliable payment. The judgment is made on a mix of factors such as turnover numbers, yearly business results and payment conduct. The Graydon database is updated daily to provide up-to-date and complete financial and market data.
 
Gertjan Kaart, general director at Graydon, said: ‘With the Graydon award, companies can distinguish themselves from their competitors. It is a clear confirmation of financial health, as well as basis of reliable cooperation with its partners and customers.’
 
Xeikon recently announced it had tripled its net profit and seen EBITDA grow by 16 percent in comparison with 2010.
 
Wim Maes, chief executive officer of Xeikon, said: ‘Our customers and partners can rest assured that Xeikon is a reliable business partner. According to Graydon, only three percent of all Dutch companies truly have their financial act under control. And we are a part of this select group.’