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In addition to its overall position, Paragon has also achieved an impressive eighth place in relation to its Return on Capital Employed (ROCE) reinforcing its commitment to continued investment in the business.

The PrintWeek Top 500 ranks the UK’s biggest printing companies. It not only uses sales and profits but also performance indicators such as sales per employee and return on capital employed to identify where true success in the industry can be reported.

Group Sales and Marketing Director, Iain Black said: “The PrintWeek Top 500 is a fair reflection of the industry as a whole. The last twelve months have seen some significant changes and we are proud to have not only maintained but also improved our position.”

“Innovation, investment and a continued focus to drive forward, while expanding our client base, has all helped to position Paragon as the successful and stable business it is today.”

Darryl Danielli, editor of PrintWeek, said: This year's Top 500 makes fascinating reading for anyone interested in the future of the UK print industry: the rate of change is startling and is only going to be accelerated by the recession. Print is in the throes of a radical shake-up that will have repercussions for years to come.”

Employing 1,160 people across Europe and with revenues of €160m, the Paragon Group is a European leader in the provision of print services operating from 14 locations in Europe. Paragon is a privately held, management owned company, committed to the sector and to providing customer focused solutions.

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