Label manufacturer Norprint has announced pre-tax profits of £175,000 for its past year of trading on sales of £18.826M. These results are said to show “a vast improvement” on the previous year’s figures and have arisen as a direct result of the company’s recent strategic restructuring. This restructuring has enabled Norprint to place a greater focus on its key markets of food, retail and the industrial sectors.
“Our industry is currently going through some very hard times and it is good to see that Norprint is performing well enough to make a reasonable profit in even the toughest of climates,” comments managing director Alex Evans.
“A key focus on product development and the strengthening of our sales teams and customer service procedures have also helped to generate this turnaround in profit for the company. We have also invested over £1M on two new presses for our divisions which are involved in the design and production of labelling products for the food and security sectors.
“The company has also managed to incur no exceptional costs and managed its own finances most efficiently over the past financial year,” he concludes.
Norprint supplies labels, tags and tickets, systems, software and services from its Boston, UK, production facility to over 3,000 companies throughout UK and Europe, producing over 6.7 billion labels/year. The company’s clients include ASDA, Geest, Marks & Spencer, Revlon, Black & Decker, Jaguar, Sainsbury’s, Ford and the Royal Mail.
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