The company recorded a turnover of €676.2m for the quarter, almost identical with the same period in 2009 (€675.7m). For the first six months of the year turnover fell around 3.3% to €1.3bn.

Pre-tax loss for the opening six months of the year was €73.9m. In 2009 Océ recorded a €19.1m loss in its second period, but only a €200,000 loss across the first six months.

Individually the Digital Document Systems (-3%) and Océ Business Services (-1.7%) divisions recorded drops in turnover, while the Wide Format Printing Systems division posted a 0.1% increase for the period.

Océ chairman Rokus van Iperen said: "Customers continued to be cost conscious amidst ongoing economic uncertainty, especially in North America and Europe. Nevertheless certain markets showed clear signs of recovery, particularly Asia as well as the graphic arts market.

"Our improvement reflected the better utilisation of supply centres as well as our action program related to approximately 2,000 job reductions in 2009 and 2010.

"The second quarter was marked by the successful completion of the transaction with Canon. In the second half of 2010, our compelling combination is expected to show the first commercial results via cross-selling of Canon products in Océ channels and vice versa."