GLGA Announces Winners of Inaugural Excellence in Leadership Awards

TC Transcontinental – RBW Graphics recently completed a suite of upgrades to a Goss M-3000 press installed at their RBW Graphics Facility in Owen Sound, ON. The project consisted of a drives and controls system upgrade, an Omni Make-Ready bundle and ink fountain rebuilds. The drives and controls upgrade involved replacing existing consoles with new OmniconTM and OmnicolorTM consoles, new Siemens PLC CPU hardware, controllers and drives. Goss technicians rebuilt the ink fountains on eight existing units and added new four and 16 channel driver boards, embedded controller boards, ink fountain balls, and single piece ink keys. Additionally, the Omni Make Ready package, a combination of hardware and software functions designed to reduce waste, helps TC Transcontinental – RBW Graphics to achieve its commitment to environmental responsibility. These upgrades ensure the long life of the Goss M-3000 while increasing productivity, improving waste reduction and reducing unscheduled press downtime. Click Read More below for additional information.

Financial Summary *$1.78 billion of revenue in Q4, down 7.9 percent year-over-year, or down 7.4 percent in constant currency; $7.04 billion of FY revenue, up 0.2 percent year-over-year, or down 1.4 percent in constant currency. *Q4 and FY GAAP (loss)/earnings per share (EPS) of $(3.97) and $(2.56), down $4.33 and $3.40 year-over-year, respectively. Both Q4 and FY GAAP EPS include an after-tax non-cash goodwill impairment charge of $750 million or $4.38 and $4.08 per share, respectively. *$198 million of operating cash flow in Q4, down $37 million year-over-year; $629 million of FY operating cash flow, up $81 million year-over-year. *$182 million of free cash flow in Q4, down $39 million year-over-year; $561 million of FY free cash flow, up $87 million year-over-year. *Delivered $375 million of targeted 2021 gross cost savings through Project Own It, or $1.8 billion since inception. *Returned more than $1 billion to shareholders, close to double FY 2021 free cash flow.

The Electronics For Imaging, Inc. exhibit at SGIA Expo shows how signage and graphics businesses can gain productivity and profitability advantages with a broad portfolio of digital production products, including the new EFI™ Pro 24f true flatbed LED printer shown for the very first time. EFI's exhibit at the New Orleans tradeshow also includes an EFI Reggiani industrial textile digital printer making its North American debut. Plus, attendees can see a complete portfolio of production inkjet printers, workflow software and EFI Fiery® digital front end (DFE) technologies that help businesses drive a stronger competitive advantage. Complete digital offerings for new growth opportunities: The EFI portfolio shown at SGIA Expo will help customers succeed in digital markets primed for continued growth. Customer Bill Stender, general manager of San Francisco-based graphics company SF Landmark, attended last year's show to learn more about opportunities with textile-printed soft signage. That visit ultimately led him to acquiring an EFI VUTEk® FabriVU® 340 soft signage printer, an EFI Fiery proServer DFE, and EFI Digital StoreFront® technology for web-to-print ordering. Click Read More below for additional detail.