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8 October 2024
Agfa's Ink sales Jump.
MORTSEL, BELGIUM—
Agfa has grown inkjet ink sales by nearly a 25%, fuled by its conversion push at Inca customers along with higher sales across all products. Digital Printing Solutions division were up 7.7% year-on-year. Gross profit margins improved from 24.1% to 31.9%. Agfa said that ink sales were up 24% “driven by higher sales across all segments as well as ongoing ink swap program for Inca installed base.
Agfa acquired Inca just over two years ago. Agfa Offset division sold to private equity group Aurelius has been rebrand ECO3 in 2022. The Offset plate division employed around 1,600 people across more than 30 countries. It had sales of $856 million year.
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