Konica Minolta faces profit woes

Konica Minolta faces profit woes

The company struggles with deficits despite revenue growth, driven by inefficiencies and market challenges in key segments. Konica Minolta reported robust revenue growth for Q1 FY2024, ending 30 June 2024, achieving ¥286.2 billion (€1.83 billion/ $2.02 billion), up 7%...
Xerox’s Q2 revenue declines amid strategic overhaul

Xerox’s Q2 revenue declines amid strategic overhaul

Xerox reports a significant drop in Q2 revenue due to strategic changes and macroeconomic challenges. Xerox Holdings Corporation announced its second-quarter 2024 financial results, revealing a 10% year-over-year revenue decline to $1.58 billion (€1.43 billion). This...
OEM remanufacturing evolves: Industry impact ahead

OEM remanufacturing evolves: Industry impact ahead

OEMs are expanding remanufacturing efforts, promising significant changes in the consumables market. Charles Brewer, President of Actionable Intelligence, spoke at The Recycler Live conference in Brussels and shared his insights on the evolution and future of OEM...