Global Graphics Plc: Global Graphics Shows Strong Business Growth In 2020 Half Year Financial Report

 
TIDMGLOG 
 
   PRESS RELEASE -- REGULATED INFORMATION 
 
   GLOBAL GRAPHICS SHOWS STRONG BUSINESS GROWTH IN 2020 HALF YEAR FINANCIAL 
REPORT 
 
   Cambridge (UK), 4 August 2020 (08.00 CEST): Global Graphics PLC 
(Euronext: GLOG) announces it has published its half year report and 
condensed consolidated interim financial statements for the six months 
ended 30 June 2020. 
 
   Continuing operations for the six months ended 30 June 2020 have 
improved significantly over the same period in 2019: 
 
 
   -- Revenue for the period was up 24.2% to EUR11.90 million, compared with 
      EUR9.59 million for the same period in 2019. 
 
   -- Net profit for the period increased by 287% to EUR2.08 million for the 
      period, compared with a net profit of EUR0.53 million for the same period 
      in 2019. 
 
 
   Additionally, during the period, the Group divested its Font segment for 
a gross gain of EUR5.36 million to focus on its core business of 
hardware and software for inkjet applications. 
 
   "Although the COVID-19 pandemic has been a tremendous challenge for 
Global Graphics and our customers, we've seen very strong demand for our 
industrial inkjet solutions in the Asia Pacific region, as well as 
software sales that continue to exceed expectations.  We remain 
optimistic that the global economy will recover quickly and reaffirm our 
commitment to supplying innovative hardware and software solutions for 
digital printing and industrial inkjet applications," says CEO Mike 
Rottenborn. 
 
   Please refer to the half year report and condensed consolidated interim 
financial statements for the six months ended 30 June 2020 for more 
detailed information and analysis.  The full document is available to 
download from 
https://www.globenewswire.com/Tracker?data=8Mn48VmcIddRGlADQHT_IO4ob2duL9rVBM3GCQImYkmbxL9q2kLok2SiaqQYd-jS62DvqXSu-gkR24sX8JE8thkiw78oYW1sXo6UyKmxclSQewNBKnMTvPDGIqf-L6Fh4ns8Dx2EtJ6A1yP4Ra8uDqgn5zcKex4AAn_IHyCeypitTrH6tXQzKa87lUXLEYg2mAPd8--g2ojWQeKzPcX1HQ== 
https://investor.globalgraphics.com/investors/financial-reports. 
 
   About Global Graphics 
 
   Through its operating subsidiaries, Global Graphics PLC 
https://www.globenewswire.com/Tracker?data=KsClhR8ZQR9z8Y5T6NVJzf16Aky7Rlo0aBUjeiMFZ4sVRlCOhjhHVGrtjMOUliBjdGDYhTk6ctUKNH2WYEKjWrue9cpE5EvciyXW84oz0VM= 
(Euronext Brussels: GLOG) is a leading developer of platforms for 
digital inkjet printing. Customers include press manufacturers such as 
HP, Canon, Durst, Roland, Hymmen and Mark Andy.  Global Graphics PLC is 
headquartered in Cambridge UK.  Its subsidiary companies are printing 
software developers Global Graphics Software 
https://www.globenewswire.com/Tracker?data=KsClhR8ZQR9z8Y5T6NVJzTjRMTR2VZQS5oyhe0O1UQki1AVnitQyxVGaJaz1M2OmFDj93iA1NlxuMEN_D2xjOYEF0nwuQCkVvA0pM5pVqxKJ_bIh3Lqf0hbxQcjd7WERJUX77m1t0ekx0e7BxIoW0g== 
; the industrial printhead driver solutions specialists, Meteor Inkjet 
https://www.globenewswire.com/Tracker?data=ygfjXXfnIB8CJY7miJZy9sVgZlYPjiYaCM8iWtyPwze2b0qdFUBRBalEET2X8LCWBWQJu76RiwpY1JJHNQpxcRFZh66Ev9hXmY1t0cWsAKw= 
; and the pre-press software specialists 
https://www.globenewswire.com/Tracker?data=0oaucIxTTvqnMEa2-MWWjCw9f5kHiWikhhqrvbEZzBOBvMhnGv9eFnvyybFm2UTDPxbN8v3WuOXq8Y_q7_LAiA== 
Xitron. 
 
   Contacts 
 
 
 
 
Jill Taylor                                                                     Graeme Huttley 
Corporate Communications Director                                               Chief Financial Officer 
Tel: [phone]                                                         Tel: [phone] 
Email: mailto:[e-mail]?subject=Press%20release%20enquiry  Email: mailto:[e-mail]?subject=Press%20release%20enquiry 
 [e-mail]                                                  [e-mail] 
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August 04, 2020 02:00 ET (06:00 GMT)

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