Product category:
Printing Pre-Press Systems and Materials (Repro, Platemakers, CTP, Workflow, Document Management, Design Software, etc.)
News Release from: EskoArtwork
Edited by the Printingtalk Editorial
Team on 25 February 2005
Esko Exceeds Expectations - Above
Average Growth
Esko-Graphics has reported that it has exceeded all of its business targets for 2004.
Esko-Graphics has reported that it has exceeded all of its business targets for 2004 The company added that it has entered 2005 with solid optimism based on record 2004 sales in strategic product lines, a revitalised growth in the packaging markets and much improved operational efficiency as a result from its recent restructuring actions
This article was originally published on Printingtalk on 14 Aug 2008 at 8.00am (UK)
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Kim Graven-Nielsen, the president and chief executive officer of Esko-Graphics, expressed his satisfaction with the company's performance: "Esko-Graphics has made exceptional progress towards the goals we set out following the merger in 2001-2002.
Despite the continued difficult business climate in the overall graphics industry, we have been able to grow our core businesses at rates well above the industry average.
Our packaging sales have increased by more than six per cent year-over-year, with growth in all regions around the world - even over 50 per cent in Japan.
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Three new reseller agreements were signed at Drupa by Eskoartwork to meet demand in the eastern European display and packaging markets.
We have completed optimising and restructuring our processes throughout the company, including in our regional sales and service organisations.
We are ready to engage in a strong, profitable and fast growing business performance in 2005, with a clear focus on packaging and small format offset." He added that Drupa 2004 was an ideal occasion for Esko-Graphics to roll out its latest products.
"It was the first Drupa for Esko-Graphics, an important milestone where we clearly made our mark.
We had an extremely successful show, where we presented a fresh and dynamic corporate image and an impressive product portfolio in response to our customers' needs.
Orders during Drupa surpassed our expectations, and sales have remained strong ever since." Drupa marked the public introduction of the Scope workflow that is based on industry standards including PDF, JDF, XMP and XML.
The company commented that Scope immediately enjoyed a positive response from a receptive audience that showed clear support for Esko-Graphics' vision on supply chain management.
Sixty were sold during the show to packaging and commercial print customers, and many more have been ordered and installed afterwards.
The company also reported record sales of Kongsberg tables in 2004, with an increase by 25 per cent over the previous year.
The new Multicut toolhead is claimed to address many customer needs in packaging, point of purchase (POP) and signmaking.
A technology and distribution partnership with MGE in North America further extends the market opportunities of digital printing in to the signmaking market, an area in which Esko-Graphics recently announced cooperation with Scitex Vision.
Esko-Graphics believes it has confirmed its leadership in digital flexo platemaking by enhancing the CDI's productivity and flexibility.
At the end of 2004, 550 CDI platemakers were installed and operating around the world.
Esko-Graphics said its market surveys indicated that over 90 per cent of all flexo plate imaged digitally are produced on a CDI.
The company said it has a clear determination to further build on its core strengths of workflows for packaging and commercial printing, digital flexo platemaking, sample-making and short run converting, as well as small format CTP for offset.
"With a primary focus on the packaging markets, we will continue to develop and to offer value-adding solutions integrating software, hardware and a growing selection of customer services.
Next to that, our successful CTP products for the small format offset market will be available through our reseller and OEM partners," added Graven-Nielsen.
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