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PIA / GATF data shows: US printing industry profits decline

PIA / GATF data shows: US printing industry profits decline

  • Categories:Industry News
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  • Time of issue:2010-07-31
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PIA / GATF data shows: US printing industry profits decline

(Summary description)AccordingtothestatisticalreportoftheAmericanPIA/GATFAssociation,inthepastyear,theprofitsoftheUSprintingindustryhavedeclined.Theoveralleconomicdownturnandtheslowdownintheprintingmarkethavebecomethemaindriversoftheprofitabilityoftheprintingindustryin2007/2008.Inthepastyear,theaveragepre-taxprofitmarginofUSprintingcompanieswas3.1%,adecreaseof0.3percentagepointsfrom3.4%inthepreviousyear.Thisiscomparabletotheprofitlevelbetween1995and2001,andthisisthefirsttimeinthepastsixyearsthatprofitshavedeclined.Accordingtothisratio,thetotalprofitoftheUSprintingindustrythisyearisabout$5.4billion.Thetop25%profitableprintingcompanieshaveanaverageprofitmarginof9.7%,down0.4%from10.1%inthepreviousyear.Despitetheproblemofdecliningprofits,theprofitabilityoftheseprintingcompaniesstillreachedthelevelofthemid-1990s.Theaverageprofitlevelof3.1%forprintingcompaniesisroughlyequivalenttothelevelinthemiddleandlateperiodofthelasteconomicdepression.Accordingtostatistics,thelargestproportionofUSprintingcompanies'costisthecostofrawmaterials,accountingforabout34.95%ofsales.Oneofthepaperaccountsfor1/4ofsales.Otherlargeproportionsofcostsincludelaborcosts(25.13%ofsales),processingcosts(16.97%ofsales),managementcosts(9.66%ofsales)andcostofsales(8.97ofsales)%)Thesurveyshowsthattheproportionofrawmaterialsintotalsaleswas35.44%in2007and34.95%in2008.Intermsofprocessingcosts,itwas16.97%in2008,aslightincreasefrom16.77%in2007.Duringthesameperiod,thecostofsalesrosefrom8.77%to8.97%,andthemanagementcostalsorosefrom9.57%to9.66%.In2008,thepercapitasalesofallprintingcompaniesintheUnitedStateswasUS$144.6247million,aslightdecreaseof0.3%comparedwith2007.Fortheaforementionedprofit-leadingcompanies,theper-capitasalesofallemployeesincreasedfrom15.5151millionUSdollarsin2007to159.195millionUSdollars.Ifcalculatedonthebasisoffirst-lineproductionworkers,thepercapitasalesofUSprintingcompaniesin2008wasUS$196.742million,anincreaseofmorethanUS$2,000from2007.Forcompanieswiththehighestprofits,thefigurein2008wasUS$210,418.Accordingtothisreport,printingcompaniescanunderstandthegapbetweenthemselvesandtheleadingcompaniesintheindustry,andalsohelptofindproblems.

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2010-07-31
  • Views:0
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According to the statistical report of the American PIA / GATF Association, in the past year, the profits of the US printing industry have declined. The overall economic downturn and the slowdown in the printing market have become the main drivers of the profitability of the printing industry in 2007/2008.
In the past year, the average pre-tax profit margin of US printing companies was 3.1%, a decrease of 0.3 percentage points from 3.4% in the previous year. This is comparable to the profit level between 1995 and 2001, and this is the first time in the past six years that profits have declined. According to this ratio, the total profit of the US printing industry this year is about $ 5.4 billion.
The top 25% profitable printing companies have an average profit margin of 9.7%, down 0.4% from 10.1% in the previous year. Despite the problem of declining profits, the profitability of these printing companies still reached the level of the mid-1990s. The average profit level of 3.1% for printing companies is roughly equivalent to the level in the middle and late period of the last economic depression.
According to statistics, the largest proportion of US printing companies' cost is the cost of raw materials, accounting for about 34.95% of sales. One of the paper accounts for 1/4 of sales. Other large proportions of costs include labor costs (25.13% of sales), processing costs (16.97% of sales), management costs (9.66% of sales) and cost of sales (8.97 of sales) %)
The survey shows that the proportion of raw materials in total sales was 35.44% in 2007 and 34.95% in 2008. In terms of processing costs, it was 16.97% in 2008, a slight increase from 16.77% in 2007. During the same period, the cost of sales rose from 8.77% to 8.97%, and the management cost also rose from 9.57% to 9.66%.
In 2008, the per capita sales of all printing companies in the United States was US $ 144.6247 million, a slight decrease of 0.3% compared with 2007. For the aforementioned profit-leading companies, the per-capita sales of all employees increased from 15.5151 million US dollars in 2007 to 159.195 million US dollars. If calculated on the basis of first-line production workers, the per capita sales of US printing companies in 2008 was US $ 196.742 million, an increase of more than US $ 2,000 from 2007. For companies with the highest profits, the figure in 2008 was US $ 210,418.
According to this report, printing companies can understand the gap between themselves and the leading companies in the industry, and also help to find problems.

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