NUR Macroprinters increased revenues but made a net loss after costs associated with restructuring for the six months to 30 June.


Revenues were up 35% to 43.35m ($61.7m), but the firm recorded a net loss of 4.6m after it spent 4m on research and development and 1.78m on restructuring.


Chief executive Erez Shachar said that sales in North America, the "primary reason" behind the groups first-quarter revenue drop, had "strongly improved" in the second quarter.


Second-quarter revenues increased 25% to 21.3m, with an operating profit of 28,000 compared with 2.18m for the same time last year.


NUR Macroprinters has cut its worldwide workforce by 14% since the beginning of the year, but chief financial officer Hilel Kremer said it remained positive in its long-term strategic outlook."


NUR has also announced that its subsidiary, NUR Media Solutions, has taken over responsibility for sales of NUR consumables in Europe, the Middle East and Africa.


The firm claimed that the move would mean shorter lead times for customers.


Story by John Davies