Page 17 - Paragon Annual Report

Paragon ID
“ We have focused on evolving the structure of the organisation, leading to a clearer focus for the three divisions we operate. ”
Paragon Customer Communications
Operational highlights
in the financial year include:
Paragon Customer Communications
The smooth transition and short-term integration of the former DST business into the Group, represented our biggest integration to date. The business was re-branded with great speed and efficiency, with the bulk of changes made on day one. Ongoing activities are focused on the rapid integration of systems, teams and culture. As part of this, we have reorganised our business in the UK and expect this work to complete in 2018. We will rebrand to Paragon Customer Communications in France, Germany, Benelux and our production facilities in Eastern Europe in early 2018.
In France, we successfully integrated D’Haussy and Rault-EPPE. We have reconfigured our production capacity to more closely address our customers’ requirements and we continue to build out our technology solutions. This year will see additional industrial restructuring and we expect to consolidate locations to reduce our cost base significantly.
Paragon Graphic Services
We accelerated the shift to high-volume, high-speed digital output in Schwandorf, facilitating a move to data-driven, highly individualised communications. The addition of the latest Kodak Prosper technology further extends and complements the extensive personalisation capabilities and know-how in the business, with each individual mailing completely individualised to the recipient based on data-driven insights and modelling.
Following a long project, our UK operation in Dagenham achieved Payment Card Industry (PCI) standard – the very highest level of production security.
Paragon ID
We have a number of significant restructuring projects underway which will result in a more balanced production across Paragon ID. Ultimately, our research and development and design centres will be located in Nice and our major production facilities in Argent in France, Romania, the UK
and the US.
“ Paragon ID invested heavily to more than double our RFID inlay production capacity at our Argent-sur- Sauldre site in France. ”
Paragon Group Limited – 05258175
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