The group’s operational cash flow over the first half rose from €4.9m last year to €12.2m. The group outlined that its policy remains focused on aligning the operating costs with the activity level and implementing further efficiency improvements.

Outlining significant events during the first six months of 2010, a statement from the Group says its subsidiary Xeikon has opted for a clear focus on the industrial printing and document printing segments, which are typically the large-scale toner users. Industrial applications, and within that category especially applications in label production, form a particularly strong potential growth market.

The statement continues, “Xeikon came out with the new Xeikon 3500, the most productive toner-based label press on the market today. In line with the focus strategy, for these applications the company is the only one in the world to have developed a specific toner version which excels in terms of light resistance and meets the strict requirements of the US Food & Drug Administration with respect to food safety.

“The strategic focus on the industrial market and the document printing market is a good choice, as is shown by the sharp increase in recurring income.”

Meanwhile, Prepress activities staged a recovery in the first half with the company posting results of €20.7m, in line with 2008 levels and up from €15.9 in 2009. The growth of prepress sales in 2010 mainly took place in the so-called BRIC countries, according to the Group.

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