View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 12, 1990

DOMINO PRINTING SCIENCES PAUSES FOR BREATH IN WAKE OF YEAR OF UPHEAVAL

By CBR Staff Writer

Things seem to have calmed down a bit in the last six months for ink-printing system supplier Domino Printing Sciences Plc, Cambridge, whose last full fiscal year included a change of headquarters, a 30% jump in research and development and the sale of its Mailcrafters business (CI No 1,356). Chairman Gerald Dennis was able to report that the half year to April 30 was one of steady if unspectacular growth across all of its markets, with continental Europe now providing almost a half of its total bevenues of UKP20.6m – European sales look set to increase into the next six months with acquisitions in France and Spain to provide regional distribution in those countries. As for the rest, Germany and the Netherlands were singled out as areas making particularly good headway. In the UK, a high number of large repeat orders meant that revenues grew a satisfactory 21%, as did sales to North America, where Domino is looking to improve distribution. For the future, Dennis stressed the need further to reduce its manufacturing costs as a result of increased competition, improve lead times and offer better after-sales support. Earnings per share rose slightly to 6.6 pence, and the board recommended a dividend of 1.75 pence a share up from 1.5 pence last time. The City reacted indifferently to the figures, the price of Domino shares remaining at 160 pence after the announcement.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU