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FLEXO Magazine : September 2013
look for ways to improve quality, efficiency and cost- effectiveness • Across the board, respondents expressed a willingness to learn, grow and adapt to the changing face of the in- dustry ’s technologies, business challenges and customer needs • The flexographic community seems to be well-positioned to continue the current state of healthy growth DOLLARS & SENSE For anyone whose livelihood depends on demand for printed products, a few key discoveries from the survey will inspire confidence in the future. More than 72 percent of those who responded said they have seen their business grow in the past year. From that group, 42.4 percent said the growth was greater than 10 percent. Dialing the clock back even further, 86 percent identified revenue growth over the past five years. Less than one in 10—7 .6 percent—reported a drop in business revenue over the past 12 months. Businesses identifying with the flexible packaging and tag/ label/decal (TLD) segments saw greater gains, with 76 per- cent reporting revenue growth in the last year and 92 percent of flexible packaging firms and 88 percent of TLD firms report- ing five-year growth. PaperWorks Industries Press Operator Mike Iorio at the control panel of the first print station. Figure 1: Turnaround Time: Those who had in-house platemaking generally posted faster turnaround times. www.flexography.org sePTeMber 2013 FLEXO 25