Ninestar rebounds but faces lawsuit

Ninestar rebounds but faces lawsuit

Ninestar, the Chinese printing and chip manufacturer that owns Lexmark and Apex, has posted a strong return to profitability for 2024, reversing last year’s multibillion-yuan loss. The group reported a net profit of RMB 815 million ($112 million/ €105 million), a...
Ninestar rebounds but faces lawsuit

Böttcher defies downturn with 21% Q1 sales surge

German office supplies group sees record growth but warns on rising insolvencies. Böttcher AG, the German office supplies specialist, reported a 21% rise in first-quarter sales to €256.5 million ($279.93 million), defying wider economic uncertainty in Germany’s...
Planet Image profits rise despite margin squeeze

Planet Image profits rise despite margin squeeze

Planet Image, the company that owns printer supplies firm Aster Graphics, sees revenue growth, but profit margins shrink amid pricing pressure. Planet Image International (YIBO) reported flat annual revenues but a decline in profitability for the full year 2024....
Ninestar bounces back from losses

Ninestar bounces back from losses

The company forecasts strong rebound in FY2024 after turbulent 2023 performance. Ninestar has posted a sharp turnaround in its 2024 results, delivering a net profit of ¥764 million ($106 million/ €98 million) following a loss of ¥6.19 billion ($860 million/ €795...
HP warns on tariffs as printing revenue slips

HP warns on tariffs as printing revenue slips

HP Inc. has posted mixed first-quarter results, with printing sales sliding and restructuring costs mounting. HP Inc. reported a 2.4% rise in first-quarter revenue to $13.5 billion (€12.5 billion), boosted by strong demand for AI-powered PCs. However, the US...