Httprints sales for the first two months of 2001 were more than seven times greater than for all of last year.
The firm announced revenues of 22m ($33m) for January and February. Its sales from its March start-up to December 2000 were 3m.
We took orders for 2001 from August onwards, ready for delivery in 2001. Several are four- to five-year contracts. This company will turn cashflow positive in June, our funding is all wrapped up and will pro-bably be oversubscribed, declared bullish chief executive Mark Porter.
You can easily see the difference between us and some of our competitors, Porter added. There is a tendency to lump everyone together under one dotcom bubble. But we have robust sales and sales growth, and its because of our full service approach.
Sales were split 50:50 between the US and Europe. Among new clients are two global creditcard businesses, a major Euro-pean motor manufacturer, a leading direct marketing agency and the Girl Guides Association, which spends 2m a year on print.
Marketing director Tim Smith said httprint would buy upwards of 20m of print in the UK and Germany this year.
Httprint is also adding a colour management module to its services, which it believes has the potential to eliminate press checks. European managing director Barry Hibbert said it was also looking at bringing out a service for the fragmented insert printing sector.
News of an acquisition is also expected within the month.
Story by Jo Francis
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