This autumn the firm will launch improved printing technology that speeds up its VaryPress 200 by 25% and increases print quality.
First-half highlights included Norfolk-based book printer Biddles installing a VaryPress 400 and upgrading its existing equipment. The firm also signed a deal with Kodak Versamark to sell an integrated transactional print line that uses the VaryPress 400 for MICR printing onto cheques.
Turnover rose 19% to 15.8m for the six months to 30 June while operating profit was 146,000 compared to a loss of 448,000 last year.
Although recurring revenues, from toner and service, were flat during the first half the firm predicted that they would recover in the fourth quarter.
Story by Barney Cox
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"Well done all involved... great to see the investment to increase the productivity in the same footprint- much more sustainable than popping another one up."
"From 1949 until the late 2000s Remploy had a network of government-subsidised factories that offered employment specifically to disabled people, originally often war veterans or victims of industrial..."
"Does appear an odd decision as with that level of shareholder funds they would be liable for the staff redundancy and cover the insolvency costs. It’s not like they could take the money and dodge..."
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