In the year to June 2003 the companys turnover grew 10% to 11.1m. However, its pre-tax profit fell 52% to 170,000 after it was hit by the strengthening of the euro and a 100,000 investment in a new audio/visual business.
Managing director Jeff Biggs said the results were good considering the downturn in marketing and retail expenditure.
He predicted that Colourgen would grow its turnover by around 23% to 14.5m this financial year, including a 12% growth in consumables and 18% in hardware.
The company expects to be able to supply some new products from January 2004, but is unable to disclose any details.
Colourgen distributes Epsons large-format range, Encads NovaJet printers, the Seiko I Infotech IP-450 and Tiara Systems Opal range.
Have your say in the Printweek Poll
Related stories
Latest comments
"Been there too!"
"Very True"
"Customers expect quality as a basic requirement so quality is no longer a selling point as its a given. Similarly so, accreditations are a nice to have and show customers that you are committed but as..."
Up next...

50 accredited partners offering GGS loans
Guaranteed Growth Scheme receives extra £500m as tariffs bite

Flatter and streamlined organisation
Stora Enso restructure to reflect renewable packaging importance

Took over in the role on 1 April
Paul Brough becomes Mail Users’ Association chair

Birmingham's Marco Pierre White restaurant