Esko Records Another Quarter of Profitable Growth
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Gent (Belgium) - Esko, a leader in packaging pre-production solutions, has recorded another quarter of profitable growth during the third quarter of 2006.
Consolidated net revenues increased by 11 percent compared to the third quarter of last year. Eliminating sales from discontinued products to other markets, packaging revenues increased by 13 percent year-over-year. New system sales (excluding services) grew by 29 percent compared to the same quarter in 2005. The EBITDA margin for the quarter was greater than 11 percent. Net working capital and cash flow continue to develop favorably.
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