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Scottish printer announces increase in profits

Tuesday 29 May, 2007

In news which may be of interest to users of Epson photo printers and Lexmark printer cartridges, a Glasgow-based printing firm has announced a 25 per cent increase in turnover.

According to John Watson and Co, overall turnover has risen as a result of a rise in demand for the labelling of spirit-based alcoholic beverages, in addition to a strengthening demand for commercial work, reports the Scotsman.

Following the news, the company has announced new investment plans worth £5 million.

"We are delighted to be announcing such an impressive increase in turnover in what remains a difficult market," said John Watson, chairman and chief executive of the firm, the Scotsman reports.

The quarter per cent increase leaves the firm with a turnover of £9 million.

John Watson and Co has been in operation for over 100 years, which may be of interest to users of Canon laser toner cartridges and HP laser toner cartridges.

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