2007 PIA/GATF Ratios Say Profits Increasing
PITTSBURGH—Printing industry profits increased slightly over the past year, back to the rates of the mid to late 1990s, according to the recently completed 2007 PIA/GATF Ratios Survey.
The average printer’s before-tax profit on sales was 3.4 percent for the typical Ratios participant over this past year. This was an increase compared to 2.7 percent for 2006. It also is within the 3.0–3.4 percent range experienced from 1995–2001.
Profit leaders, printers in the top 25 percent of profitability, saw profits decrease slightly to 10.1 percent, as compared to 10.3 percent in 2006. Despite this small decrease, profit as a percentage of sales for profit leaders remained at the same level it was at in the mid to late 1990s.
Sales per employee for all printers increased in 2007 to $146,659 (up from $136,469 in 2006). Profit leaders also saw an increase in sales per employee, from $146,909 in 2006 to $155,161 in 2007.
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