Grafenia (GRA.L) Interim results
Online sales now comprise the majority for the group. The new formatNettl brand store has seen an initial 30% rise in sales: endorsement for its
repositioned offering. The group remains debt free and cash generative.
The ‘traditional’ print shop operation works in competitive markets and
FY14 still bore costs of expanding into the newer routes to market. Online
growth is accelerating with the Nettl brand launch of summer 2014. Two
international W3P master licences were added in the period.
Grafenia is engaged in creating software and systems for the graphic arts industry. Co. operates logistics, a SaaS platform and brands which sell print and web to business customers. Co. licenses its brands, software and technology to partners in the U.K. and internationally. Co. also directly manufactures a range of printing, signage, promotional items and expo displays in the U.K. The majority of Co.'s printing is sold via resellers, comprising its brand partners and trade partners. Co. also sells directly to some end clients in its own stores.
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