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.
Have your say in the Printweek Poll
Related stories
Latest comments
"No Mr Bond, I expect you to di-rect mail"
"I'm sure this will go down well with print supply chain vendors. What terms is it that ADM are after - 180 days is it?"
"Hello Set Off,
Unencumbered assets that weren't on the Reflections books, I believe.
Best regards,
Jo"
Up next...
3,250sqm unit at Rotherham site
Parseq opens new £500,000 secure print facility
Suitable for packaging and POS
Agfa further expands Anapurna Ciervo family
400 systems installed worldwide