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Peter Byrom, Chairman, commented “We have produced a
further six months of strong sales and profits growth
from both our core businesses and all of our recent
acquisitions.
“Equipment volumes in our coding and marking business
units increased compared to the corresponding period
last year and we achieved market share gains in
continuous ink jet printing for primary product coding
applications. We continue to maintain gross and
net margins due to new product introductions, global
material sourcing programmes and manufacturing
productivity gains.
“We have invested further during the first half year
in both our research and development capability and our
Track and Trace business, the activities of which
include the deployment of RFID. We are encouraged
by progress and in the full year expect to spend the
additional £2.5 million that we set aside at the start
of the year for these activities.
“Demand for our products remains strong. We
expect to enhance our product range further in the
second half of the year. We are well placed in our
markets and we look forward with confidence.?/P>
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