QIPC-EAE B.V., a global leader in innovative print automation solutions, is pleased to announce the acquisition of 3TControl Precision Systems (3TControl), a Spanish company specialising in closed-loop colour register and density control systems. This acquisition represents a 100% share purchase deal, marking a significant milestone in QIPC-EAE's strategic growth and market consolidation efforts.

The print industry remains on course for growth worldwide. The sector posted sales of over €837 billion in the past fiscal year. “Our industry is growing and also has a future,” says Thomas Schiemann, Managing Director of the VDMA’s Print and Paper Technology Association.

At this year's drupa (May 28 to June 7), Messe Düsseldorf will present the drupa Imaging Summit for the first time as part of the "drupa next age" event series: Top-class speakers from renowned companies will give 20-minute keynote speeches and panels on the most important topics at the interface between imaging technologies and printing. This includes, in particular, the potential offered by the use of AI.

The future of photographic innovations, image generation with artificial intelligence, the priority of sustainability issues, or clarifying what image quality means for print - the drupa Imaging Summit on May 30th and 31st at drupa will deal with current topics relating to the printed image, its technologies and business cases. Top-class speakers will give around 20 keynote speeches on the topics of technology, business, sustainability, innovation and artificial intelligence, as well as the special relationship between images, image data and print.

Preliminary business figures show positive development:
Sales and adjusted EBITDA margin stable at € 2.4 billion and 7.2 percent in 2023/24 despite market challenges
Free cash flow excluding special items at highest level for 10 years
Incoming orders recover at the end of the financial year
Innovations at drupa: Broad customer base as a strength

As expected, Group revenue of €253.2m and EBIT of €-10.2m lower than in the previous year in a challenging market environment
Sheetfed with an encouraging sequential improvement in order intake, Digital & Webfed with a slight increase in revenue, Special set to benefit from a very high order backlog as the year continues
“Spotlight” focus programme particularly aims at enhancing earnings and efficiency in the Digital & Webfed and Special segments and requires governance adjustments
Further “Spotlight” measures are planned for Group-wide projects and at the Holding
Outlook for 2024 confirmed: operating EBIT margin and revenue stable at the previous year’s level; “Spotlight” will also help the Group achieve its EBIT margin target of 6–7% by 2026 on Group revenue of €1.5bn

• Acquisition of leading B2B commercial printing player in the UK

• Carve-out from Claverley Group, enabling an enhanced focus on its core business
• Facilitating Precision Colour Printing to seize growth opportunities and enhancing operational excellence

printshow LtoR Chris Davies event director of TPS with Sarah Neate group marketing director of CMYUK

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