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Xerox print profits under pressure

Xerox print profits under pressure

Reinvention strategy cushions losses as print revenue drops and IT growth surges. Xerox reported a narrower first-quarter loss despite continued weakness in its core print business, as its IT services segment more than doubled revenue following the ITsavvy...
Hubei Dinglong posts FY2024 and 1st quarter results

Hubei Dinglong posts FY2024 and 1st quarter results

The company sees robust gains in chips while printer business delivers solid base. Hubei Dinglong posted strong results for 2024 and the first quarter of 2025, with growth driven by expanding chip-related sales and stable performance from its mature printer segment....
Turbon remanufacturing hit by sharp downturn

Turbon remanufacturing hit by sharp downturn

No dividend as cartridge volumes fell in second half of 2024. Turbon AG, the German-headquartered imaging and electronics group, reported weaker full-year earnings and will not pay a dividend for 2024, after remanufactured toner cartridge volumes collapsed in the...
Turbon remanufacturing hit by sharp downturn

Canon reported record first-quarter sales

Canon reported record first-quarter sales and operating profit but warned that new US tariffs could dent full-year performance. The Tokyo-listed company said on Thursday that net sales for the three months to March rose 7.1% year-on-year to ¥1.06 trillion ($6.8...
Turbon remanufacturing hit by sharp downturn

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...