As already announced last month, sales and earnings were significantly down on the equivalent figures for the previous year due to difficult market conditions and customers’ reluctance to invest in the run-up to drupa.
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Kodak’™s print business profits down $16m
The company says higher aluminium costs primarily drove the earnings decline, and mentioned seasonality in equipment, and workflow sales associated with drupa.
Xerox reports revenue up eight per cent
Anne Mulcahy, CEO of Xerox says, “Our annuity-based global business led to steady revenue growth this quarter along with earnings and cash in line with our expectations.
Heidelberg to shed 500 jobs from workforce
The company reports preliminary sales achieved in the first quarter this financial year amounted to between Euro 640m and Euro 660m, down on last year’s Euro 742m.
Xaar moves into Australasian region
Xaar currently has factories in the UK and Sweden as well as offices in China, India, US and Japan.
PacPrint 09 gains momentum
Alastair Hadley, chairman of the PacPrint board, says that, following the recent drupa exhibition in Dusseldorf, interest is growing for PacPrint.
Verdrigis launched to probe green print issues
Verdigris is a not-for-profit project which has gained the support of several leading companies including: Agfa, Canon Europe, drupa, Fujifilm, HP, Ricoh and Screen.
EskoArtwork to acquire Mikkelsen Graphic Engineering
EskoArtwork says MGE is the developer of the patented i-cut vision system.
Fearg adding value and reducing costs
In the spotlight at the show were fully automatic presetting with PreTronic CV plus quality monitoring with QualityEye in the UniDrum.
EskoArtwork has focus on connection
The company assembled an impressive range of design, production and management products on its drupa booth, centered on its Connect More! theme.