The digital presses, which were installed before Christmas, have been kept busy with the production of photo-speciality products, such as photobooks for weddings and Christmas presents.
PhotoBox claimed that sales for the two months leading up to December 2006 were ahead of target, thanks to the productivity of the new presses. This has led the firm to estimate that the investment will have paid for itself by September 2007, just 12 months after installation.
Managing director Mark Chapman said: "In conjunction with Photoways, which we merged with last year, our intent is to be the leader in the production of photographic products in Europe.
"Our volumes are growing more than 150% year on year, and the investment we have made through HP has already proved that it will help fuel this growth."
PhotoBox merged with Photoways France in April 2006 with the aim of further penetrating the European photo market.
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"Bit weird. From what I've heard, things started to go wrong when their trade customers found out they put a B1 printing press in and went from a supplier to a competitor......"
"Sad to see another print company facing financial trouble. The industry is tough, and this highlights the ongoing challenges many are facing. Hope employees and customers get clarity soon."
"Not surprised, businesses need to prepare for these attacks rather than thinking that they're going to avoid them. At the very least, data needs to be fully protected with air gaps in place..."
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