Global digital and software specialist EFI reports yet another leap in revenue of 20 per cent for its first quarter, quoting US$234m ($341m).
Guy Gecht, chief executive at EFI
Guy Gecht, chief executive at EFI, says the company’s inkjet arm drove much of the revenue growth, and he expects a big presence at drupa 2016. He says, “Our team’s execution drove another quarter of solid performance across the EFI portfolio, led by good growth in our Industrial Inkjet segment.
“At the upcoming drupa trade show we expect to introduce entirely new platforms in every segment of our business, including an expansion into the vast packaging space. We expect products based on these powerful and versatile new platforms to fuel our growth in the coming years.�
A breakdown of revenue by operating segment for the three months leading to March 31 saw industrial inkjet generating US$125m, Fiery at US$75.7m and software at US$32m.
The Asia Pacific region earned less as a geographic area compared to Europe and the USA.