Global Graphics reports strong growth despite Covid-19 pandemic

Global Graphics has reported 24.2 percent increase in revenue in the first six months of this year compared to the same period in 2019, due to strong software sales and high demand for industrial inkjet technologies in the Asia Pacific region.

Global Graphics has reported 24.2 percent increase in revenue in the first six months of this year compared to the same period in 2019

According to the company’s recently published half year report and consolidated interim financial statements, operations have improved significantly in the first half of 2020.

Global Graphics reported a 24.2 percent increase in revenue to EUR 11.9 million (USD 13.96 million), and 287 percent increase in net profit to EUR 2.08 million, (USD 2.44 million) compared with a net profit of EUR 0.53 million (USD 0.62 million) for the same period in 2019. Additionally, the group divested its font segment for to focus on its core business of hardware and software for inkjet applications.

‘Although the Covid-19 pandemic has been a tremendous challenge for Global Graphics and our customers, we’ve seen very strong demand for our industrial inkjet solutions in the Asia Pacific region, as well as software sales that continue to exceed expectations,’ commented Mike Rottenborn, CEO of Global Graphics.

‘We remain optimistic that the global economy will recover quickly and reaffirm our commitment to supplying innovative hardware and software solutions for digital printing and industrial inkjet applications,’ concluded Rottenborn.

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