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Xaar to cease Thin Film activities; CEO steps down

Xaar is set to close its Thin Film business after failing to find a strategic partner and has lined up former Inca boss John Mills to take over as chief executive as the struggling inkjet manufacturer shakes up its board.

HP: Lores appointed new CEO; print revenue down in Q3

HP Inc has appointed a new president and CEO following the upcoming departure from the company of Dion Weisler.

Bobst warns of slowdown in H1 results

Bobst has reported a slowdown in sales for the first half of 2019 and subsequently issued a warning on growth for the remainder of the year.

Fujifilm pre-tax profit reaches record high

Fujifilm’s pre-tax profit reached a record high of ¥212.8bn (£1.48bn) in its fiscal year ended 31 March 2019, but its revenue was down marginally to ¥2.432tn.

Xerox margins and EPS up but sales down in Q1

Xerox has reported operating margin and earnings per share (EPS) growth in Q1 but its revenue fell by 9.4%.

HP printing revenue down in Q1 as supplies sales dip

HP Inc’s printing revenue fell slightly year-on-year in Q1 after its supplies sales slowed.

Heidelberg sales dip in Q3 but order backlog indicates strong Q4

Heidelberg’s revenue dropped by 4% year-on-year in Q3 but the company said its order backlog indicates a strong Q4 and its targets for the full-year are still in sight.

EFI reports first billion-dollar year

EFI has broken the $1bn sales mark for the first time with its year-end 2018 results, which were only marred by declines in income and revenue from a “difficult” final quarter.

EFI results hit by tough economic conditions

EFI has attributed its expected Q4 revenue shortfall to weakening economic conditions leading to its customers delaying their investment plans.

Full-year and Q4 print revenue up for HP

HP Inc’s revenue increased by 12.3% for the full year and by 10.3% in Q4, with sales in its Printing division up by 11% for the full year and by 9% in Q4.

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