Litho Supplies
| Public (LSE: LTS) | |
| Industry | Distribution |
| Founded | January 1967 (as Blackall) |
| Headquarters | Bristol, United Kingdom |
Area served | United Kingdom |
Key people |
Bernard Clark, Chairman Michael Hammond, Chief Executive |
| Products | Wholesalers of printing, graphics arts materials and equipment |
| Revenue | £ 44 million GBP (2005) |
Number of employees | 256 (2005) |
| Website | www.litho.co.uk |
Litho Supplies Plc is the largest independent supplier of analogue and digital printing and graphics arts products in the United Kingdom (UK). Agfa BV acquired 100% of the share capital of Litho Supplies in February 2011.
History
The company was founded in January 1967 by David Blackhall and Barry Barrett as a division of their office equipment business. In 1980, the company was acquired by Dickinson Robinson Group (DRG) PLC, a multi-national paper company based in Bristol and became DRG Litho Supplies, a division of DRG. DRG was taken over by Pembridge Investments in 1989 and the management team bought out the company with help from 3i and the Bank of Scotland in 1990. The company floated on the London Stock Exchange in 1993; the epic code is LTS. Now its value is? - shares are suspended, administrators appointed and staff being laid off [1]
Acquisitions
Litho Supplies have made many acquisitions.... more information needed.
On February 7, 2005, Litho Supplies acquired Systems Builders and Internet (SBI). SBI supplies computer and electronic equipment.
On March 15, 2005, Litho Supplies acquired United Graphics Limited; a company that also supplies graphics arts materials and equipment.
Financial performance
| Year ended | Sales (£m) | Profit/(loss) before tax (£m) | Net profit/(loss) (£m) | Basic eps (p) |
|---|---|---|---|---|
| 31 December 2005 | 44.05 | 1.44 | n/a | 4.95 |
| 31 December 2004 | 45.04 | 0.77 | n/a | 1.83 |