Graphic Systems, the firm's printing products division, had sales of 262m (EUR386m), which were down 7.4% (2.4% excluding currency fluctuations), which the firm attributed in part due to investment being postponed in the run-up to Drupa. Operating results fell 38% to 14.2m.
Overall the division did better than the firm's other divisions with its share up 3.9% to 44.5% of turnover. Group sales fell 15.5% to 580m and operating result fell 46% to 31.2m.
The firm was cautiously optimistic for Graphic Systems in the coming months after strong sales in March and April and the anticipated benefits of Drupa.