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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...
Turbon remanufacturing hit by sharp downturn

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....