Domino Printing Sciences posted strong growth in the United States and Germany for the six months ending April 30, 2013, even as trading conditions across the rest of Europe remained difficult. Its Asian businesses performed well, while the company’s digital label press business grew rapidly.
“Sales in the six months to 30 April 2013 were 7 percent ahead of the comparable period last year,” said Peter Byrom, chairman of Domino Printing Sciences. “New equipment revenues were 7 percent up with strong growth in Asia, USA and Germany, compensating for ongoing difficult trading conditions across most of Europe.”
In June 2012, Domino Printing Sciences acquired of Graph-Tech, adding technical and integration skills for the development of its digital printing business. The company has subsequently added sales and technical resources to enhance its digital print and color management competencies.
Research and development expenditure increased by 25 percent during the reporting period.