Digital transformation spending to soar

Digital transformation spending to soar

Businesses will spend nearly $1.2 trillion (€1.06 trillion) on digital transformation this year as they seek an edge in the digital economy, according to a new IDC spending guide. According to International Data Corporation (IDC), businesses around the world are...
Jadi closes 2018 Sales down, profits up

Jadi closes 2018 Sales down, profits up

Nine month results to December 2018 show some improvement in margins as the toner market remains challenging. Sales in the nine months to 31 December 2018 declined 17.7 percent to RM 36.02 million ($8.6 million / €7.69 million) while net profits increased 750 percent...
HP reports stable second quarter

HP reports stable second quarter

HP Inc. announced fiscal 2019 second quarter net revenue of $14.0 billion (€12.5 billion), up 0.2 percent from the prior-year period. “We delivered solid Q2 financial results, with strong non-GAAP EPS growing double-digits and coming in at the high end of our...
Sales up, profits down at Indian Toners

Sales up, profits down at Indian Toners

Remanufacturing market remains challenging as toner imports from China and Malaysia eat into Indian Toners margins. Sales at Indian Toners & Developers (ITDL) rose 4.85 percent to Rs 28.78 crore ($4.13 million/ €3.7 million) while net profits declined 33.19...
Xerox shareholders approve reorganisation

Xerox shareholders approve reorganisation

Xerox announced that shareholders approved its proposal to adopt the merger agreement pursuant to which Xerox expects to implement a holding company reorganisation. Holders of approximately 99.7 percent of common shares present and voting at Xerox’s annual meeting,...