According to the group, the sheetfed unit returned to profit for the first time in three years, notching up an operating profit of 4.1m, compared to a loss of 28m in 2004.
Order intake in the group's printing systems division as a whole for 2005 was up 12% for the year to 1.4bn (2.1bn). In Q4 it fell 17% to 304m year on year.
Sales rose 7% to 1.2bn, but were static year on year in Q4.
"We anticipate an overall slightly increasing dynamic of demand in the 2006 financial year, with the web-fed area having reached a very high order backlog," said the firm.
Operating profit for printing systems as a whole rose to 44m in 2005, from 2m in 2004. The figure more than doubled year on year to 38m in Q4 2005.
Related stories
Latest comments
"Yes indeed Neil, I was undertaking a project for Pindar ( back in the day 😉 ) and it needed to go to Monarch for indexing so I popped in to ensure we supplied it as required and they were both very..."
"Excellent kit. We looked at indexing extensively years ago and at the time there were two major players in the UK.
The cap ex involved was too big a risk for us at the time so we let it go.
This looks..."
"Ricoh launches the ability to print on card, blah, blah, blah, yawn! 🥱"
Up next...
Top speeds increased
SwissQprint launches new flatbed generation
Three lots available
Six-figure stationery contract among new tenders
Increased efficiency