Presstek enjoys revenue rise

News by

03 March 2004

Presstek has overcome a drop in the supply of its imaging head technology to Heidelbergs Quickmaster DI press to record an overall growth in revenue for 2003.

The digital imaging and plate technology manufacturers sales of its imaging technology to the Quickmaster dropped by 5.8m ($10.8m) compared to 2002.

But overall the new technology business, which consists of all business other than the Quickmaster DI platform, grew by more than 40% in 2003.

In the year to 3 January 2004 Pressteks revenue increased 5% to 47m. Income from continuing operations before tax was 3.6m, compared to a loss of 4.5m the previous year.

Presstek will launch a laser imaging platform at this Mays Drupa exhibition. The ProFire Excel, which can support a 16-micron dot and stochastic screening, will be available to be incorporated into digital presses and CTP products.

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