by stefanie | Oct 26, 2020 | City News
The OEM has released its third quarter results for fiscal year 2020 recording a decline in net sales and profits but has managed to turn back to profitability. Canon recorded third quarter net sales in its Office business unit of ¥335.9 billion ($3.2 billion/ €2.7...
by stefanie | Aug 28, 2020 | City News
Pantum shipments were up 50%, while Lexmark maintained profitability, consumable sales up 23%, with remanufactured 50% year-on-year. SCC sales were impacted by COVID in US and European markets with revenues down 25%. During the reporting period, the COVID-19...
by stefanie | Aug 28, 2020 | City News
HP reports printing revenues down 20% with consumer hardware sales up 3%, but supplies revenues down 19% and reports strong momentum in consumer, including Instant Ink, benefitting from working from home. HP Inc. and its subsidiaries (“HP”) announced fiscal 2020 third...
by stefanie | Aug 24, 2020 | City News
The company celebrates their 202020 birthday this year with a tough Q1 but a positive Q2. In the first quarter of 2020, the impact of the COVID-19 pandemic, led to the company’s Wuhan headquarters, factory and subsidiaries outside the province being closed for a...
by stefanie | Aug 20, 2020 | City News
The Australian office supplier reports year end earnings up 13.8% at AU$197 million ($141.4 million/ €119.2 million), but 2021 outlook is uncertain, and staff go on strike. Australia based Officeworks, part of the Wesfarmers Group, reports year end revenues up 20.4%...
