Strong mid-year results for Xeikon

Xeikon International BV tripled its net profit in the first half of 2010 to Euro 5.9 million (USD 8.2 million) compared with the same period in 2011, and the Group’s operational cash flow rose 16% as well.  The results are mainly attributed to revenue growth from the Xeikon digital printing product line, especially in the US.
 
Wim Maes, CEO of Xeikon International BV, said: ‘Our success depends on our customers’ success, so we are committed to understanding their requirements and delivering solutions that meet or exceed them.  This revenue growth means that more customers are printing more products with our technology and leveraging the higher productivity, image quality, flexibility and sustainability of our presses.’
 
Another reason for the success is Xeikon’s focused approach towards the industrial printing markets.  The company has dedicated its product portfolio as well as its sales/marketing efforts towards this.  Xeikon’s toner development efforts — focusing on FDA compliancy and light fastness for industrial applications are a good example.
 
With new distribution partners in Poland, Columbia, Spain, Brazil, and Chile, Xeikon has confirmed its plan to develop the package printing market in different continents.  All the new distribution partners have extensive experience in the packaging industry of their respective countries.
 
Visitors to Labelexpo Europe 2011 in Brussels will see Xeikon take an active part in the new Package Print Zone, as well as in the traditional label arena.