Océ suffers €74m pre-tax loss despite growth in colour digital print

Excluding exceptional costs relating to the integration with Canon, Océ made a €9m pre-tax profit on revenues that were down 3.3% to €1.3bn.

During a six-month period where the Dutch manufacturer launched its Arizona 550 GT flatbed, revenues within its wide-format division decreased slightly to €343m.

Colour revenues in wide-format incrased by 2%. Growth in production cutsheet and continuous-feed colour helped curtail a decline in sales in the company’s production print division (Digital Document Solutions).

Revenues within this division dropped 3.9% to €718m, with the manufacturer citing the market deterioration within its office and black & white continuous feed products.

With the company’s acquisition by digital manufacturer Canon ongoing, Océ said priorities for the rest of the year continued to be the cross-selling of products.

Read the original article at www.printweek.com.

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