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Swisscom, smartphoto cooperate in the online photo service industry News 

Swisscom, smartphoto cooperate in the online photo service industry

GaryPageau ,
Smartphoto AG, a subsidiary of smartphoto group NV,  announced a partnership with one Switzerland’s largest IT companies, Swisscom, to enable photo product creation and purchase through the Swisscom myCloud service. Through an API connecting to smartphoto, myCloud customers can select their archived images and then make them into more than 900 smartphoto products. “Due to the demand for a function... Read More
Smartphoto reports half-year revenue increases 2.5%, profit jumps 32.4% Earnings reports 

Smartphoto reports half-year revenue increases 2.5%, profit jumps 32.4%

GaryPageau ,
Smartphoto Group reports revenue for the first six months of the year by 2.5%, up from 29.3 million euro last year to 30.03 million euro of June 30 . Both segments, smartphoto and naYan, contributed to this. The net profit over the first half of 2023 increased by 32.4% to 1.29 million euro, compared to 975K euro a year earlier.... Read More
Smartphoto recognized for sustainability efforts News 

Smartphoto recognized for sustainability efforts

GaryPageau
For the second year in a row, Wetteren, Belgium-based Smartphoto Group was honored by the evaluation committee of the VOKA Charter Sustainable Entrepreneurship (VCDO) with the award of the Sustainability Certificate Laureate 2023. In 2021, a clear reference framework was built for this purpose, and it was decided to develop an annual action plan within the VOKA Charter for Sustainable... Read More
smartphoto group grows further in 2021 Earnings reports 

smartphoto group grows further in 2021

GaryPageau
Smartphoto Group realized in 2021 an increase in revenue to 63.1 million euro compared to 61.4 million euro in 2020. This growth in revenue is the combination of the organic evolution and the one-month contribution of Frucon2 NV (Nayan), following the acquisition. The strict lockdown measures in 2020 resulted in exceptionally strong sales of books and prints in the spring and... Read More
Smartphoto group takes over gift-marketer Frucon² Acquisitions News 

Smartphoto group takes over gift-marketer Frucon²

GaryPageau
Smartphoto group NV, the Belguin-based player in personalized e-commerce, came to a final agreement regarding the acquisition of Frucon² NV from entrepreneur Benny Sintobin. Frucon², located in Ardooie, Belgium, is one of the online European market leaders in the sale of personalised gift packages with chocolate, beer, fruit or flowers for companies and consumers, with websites such as Gift.be and... Read More
Smartphoto shows double-digit revenue in 2020 Earnings reports News 

Smartphoto shows double-digit revenue in 2020

GaryPageau ,
Wetteren, Belgium-based Smartphoto group again achieved another strong year in 2020. Revenue showed double-digit growth of 19.2% from 51.5 million euro in 2019 to 61.4 million euro in 2020. The company said improved marketing efficiency leads to an EBITDA growth of 34.9% from 8.8 million euro in 2019 to 11.9 million euro in 2020. Net cash increased by 5.0 million... Read More
Industry Notes for the week of Dec. 12 Events News People on the Move Updates 

Industry Notes for the week of Dec. 12

GaryPageau , , , , , ,
  Pro Photography Lifetouch reducing staff by 100 at Ontario, Ohio church directory plant  Lifetouch notified the State of Ohio the company will reduce permanently reduce staff by 100 persons by February 2021, at its Ontario, Ohio facility. The Shutterfly Lifetouch Church Business operations were severely impacted by COVID-19, the company said in a letter to the Ohio Department of Jobs... Read More
Industry notes for the week of Nov. 7 People on the Move Updates 

Industry notes for the week of Nov. 7

GaryPageau , ,
Retail news Digital Imaging Reporter’s 2020 State of the Industry Digital Imaging Reporter has published its annual state of the industry compendium of opinions and prognostications from manufacturers, retailers and distributors, with a special focus on how to cope with COVID-19. NRF chief economist says strong retail sales growth ‘points to the resiliency of consumers’ Retail sales have largely recovered... Read More
Industry Notes for the week of Oct. 31 News People on the Move 

Industry Notes for the week of Oct. 31

GaryPageau , , , ,
  Retail News 8 legacy retailers that wound up in bankruptcy this year These companies made it through world wars, social upheaval and depressions, but met their undoing in a year defined by a pandemic, according to RetailDive. People on the Move EyeEm founder Florian Meissner leaves the company Floridan Meissner, co-founder of Germany based photo sharing site EyeEm, announced his departure... Read More
Shift to gifts drives Smartphoto profits, via TIJD News 

Shift to gifts drives Smartphoto profits, via TIJD

GaryPageau
Belgium’s Smartphoto Group has posted impressive results since shifting to digital printing, to photo gifts and to mobile, according to a recent profile in the TIJD business journal. The Wetteren-based company boosted sales last year more than 10 percent to 51.5 million euros. Among the most popular products, according to the journal, are Christmas ornaments, cards, pillows, bread boxes and... Read More
smartphoto group NV reported higher sales and operating profit Earnings reports 

smartphoto group NV reported higher sales and operating profit

GaryPageau
  Belgian personalized photo company smartphoto group NV reported higher sales and operating profit, according to a report in De TIJD. Sales increased 10.6 percent to 51.1 million euros and, as a result of the growth in photo gifts with a higher margin, gross operating profit rose 14.2 percent to 7.9 million euros (and even by 27.3 percent to 8.8 million... Read More