Business News
IMPIKA 2008 RESULTS FLY HIGH
Friday 20. February 2009 - Impika business on a roll ever since Drupa 2008 declared inkjet technology has an undeniable future in the printing industry February 19, 2009, Aubagne, France.
Impika took the road less traveled when it bet on inkjet printing for industrial purposes, back in 2003. Today, Impika has without a doubt won that bet and earned a position of international leadership in its industry.
Thanks to smooth sailing in 2008, the company is emerging from the current global economic crisis against the tide, with exceptional growth figures and enviable financial stability.
The numbers speak for themselves
Impikas 2008 turnover exceeded 11 million, almost triple 2007 numbers. This is the direct result of several major national and international contracts with prestigious clients, including the French National Printing Press (Imprimerie Nationale) for the printing of new car registration documents. In addition to high sales figures, Impikas share of international business soared to 70%.
Not only is Impika free of any financial debt, but these exceptional results will further secure the companys capital and cash flow.
Perfect balance of strategy and technology
Impikas new range of scalable and adaptable digital printing solutions (iEngine, iPress, iPrint) drew great interest at Drupa 2008 generating a large volume of orders. Production resources grew exponentially with the manufacturing of over a hundred machines shipped throughout the world. Impika no longer needs to prove the solid added-value and good positioning of its cost efficient product offer. “2008 was a great year for Impika,” says Paul Morgavi, CEO Impika. “Our marketoriented strategy, expertise in technology and reactivity have brought us to the forefront of our industry. The shift to digital in the world of printing is definitely underway and the use of inkjet technology will continue to grow despite the crisis. We therefore remain optimistic about the future.”
The 2008 results clearly confirm the success of Impikas balance of strategy and innovative technology. The sustained investment effort in R&D, the driving force behind the companys technological advance, will also produce other major innovations, already scheduled for release in 2009.
Impika faces the current dreary economic context with the confidence of a true pioneer, endorsed by a long list of purchase orders and the promise of further growth.