The firm's just-filed accounts for the period show, however, that pre-tax profits fell from 2.47m to 956,715. It also paid out dividends totalling 400,000, leaving a retained profit of 496,040.
Artisan signed up for a gapless Heidelberg Sunday 4000 web earlier this year (PrintWeek, 19 July).
Installation of the 48pp press begins in November and it should be up and running by next February.
Artisan will also install a Muller Martini Tempo saddlestitching line next month. The 57-year-old company specialises in magazine and brochure printing and employs around 435 staff.
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""longer run litho work had “now returned to the Far East”?
Is this happening a lot?"
"Thanks Jo, look forward to reading it in due course. Administrators generally argue that they need to act with lightning speed in order to protect the business/jobs, thereby overlooking the fact that..."
"Hello Keith,
The details will be in the administrators' report but that's not available yet. I will write a follow-up piece when that's filed.
Best regards,
Jo"
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