FOR IMMEDIATE RELEASE
March 15, 2007
Bigger Companies, Bigger Sales Predictions: SGIA Financial Outlook Survey Indicates Role of Digital Imaging
Fairfax, Virginia — The larger the company, the rosier its outlook, according to the “Financial Outlook Survey.” Results from SGIA’s JanuaryFebruary survey are posted online at Surveys & Statistics on SGIA.org.
“The vast majority of companies expect their sales to grow this year,” says SGIA Business Information Associate Alaina Harris. “However, larger firms were more likely to predict double-digit growth. 8.1 percent of companies with $1 million$4,999,999 in sales, and 6 percent of companies with $10 million or more in sales, predicted 15 to 29 percent growth.”
The survey found digital imaging to be a source of that growth: 20.8 percent of respondents said their growth would result solely from their efforts in that area.
“We run Surveys & Statistics to help our members gather the best, most timely data to engineer smarter business decisions. This insight helps them to discern industry growth trends and target new markets,” says Michael Robertson, President/CEO, SGIA.
More than 700 specialty imaging professionals took part in SGIA’s 2007 “Financial Outlook Survey” to compare their growth projections to industry averages, and about 40 percent of them reported digital imaging as a source of at least half their 2006 sales. Of the companies that screen print, 57 percent said at least half their sales were related to that technology.
Next week, SGIA will launch its 2007 Business Growth Plans Survey (SGIA.org, Keyword: Surveys). Participants always receive the summary report of results before they’re made available to the rest of the community. Full survey reports are available to SGIA members only.
SGIA — Supporting the Leaders of the Digital & Screen Printing Community
Make the most of your specialty imaging business Take full advantage of the information on SGIA.org, and experience the specialty graphic imaging industry first-hand at SGIA ’07 (Orange County Convention Center, Orlando, Florida; October 2427, 2007). “Specialty imaging” comprises digital imaging, screen printing and the many other imaging technologies SGIA members use, including those they’ll tap in the future. These are the imaging processes and technologies employed to create new products and to enhance existing products including point-of-purchase displays, signs, advertisements, garments, containers, and vehicles.
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