Half Year Results Positive for Most Companies in the Industry

In so much as company results provide a bellwether for the state of the industry as a whole, our industry appears to be in good health judging by the half year results of some of the publicly-listed market leaders, which were – for the most part – gratifyingly positive.

Sales up but profits down as Crane steps up acquisitions

Crane NXT (print, paper, features, payment technologies) reported sales of $734.7 million and an operating profit of $85.2 million for its first half of 2025, ended June 30. Sales were up by 7.4% compared with the first half of 2024, but operating profit was down by 30%.

Crane NXT now operates across two major segments – Crane Payment Innovations, and Security and Authentication Technologies (SATS), which comprises Crane Currency and Crane Authentication. The latter is a new business forged from Crane NXT’s acquisitions of De La Rue’s authentication business, OpSec Security, and the brand protection assets of TruTag Technologies. It is also in the process of acquiring Antares Vision, a developer of inspection and track and trace systems.