EFI has reported record full-year sales of $992.1m following a record fourth quarter but fell just short of its $1bn annual turnover target. For the quarter ended 31 December 2016 the company recorded sales of $266.7m, up 4% on Q4 2015 revenue of $256.5m. Its sales were up 12% year-on-year for the full-year ended 31 December 2016 – in 2015 it recorded total revenue of $882.5m.
 EFI chief executive Guy Gecht said: “All year we have stressed our focus on improving execution, especially around financial metrics, so it is very encouraging to see that our team’s work is showing great results.
“Having said that we are obviously disappointed that we did not deliver better top-line numbers, even when accounting for all the effects of FX.”