Printing Industry News for Canada | RSS | 
15 May 2024
Kodak's Sales Down By 10%
ROCHESTER . NEW YORK—
In the three months to 31 March sales fell by 10% to $249m, while operational more than halved, down 56% at $4m. However, gross profit margin rose from 18% to 20%, which chairman and CEO Continenza said “reflects our ongoing commitment to improving operational efficiency”.
“At the same time, we are setting the stage for Kodak as a growth company by investing in a number of AM&C initiatives that leverage our unmatched knowledge of chemicals, layering and coating and vast manufacturing infrastructure,” he added. In North America Kodak is considered to be the largest offset plate manufacturer.It has been so competitive that Agfa sold their plate division last year. Kodak primeily focused as a supplier to commercial printers and advanced materials & chemicals.
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Inkjet is becoming a bigger part of Kodak's business
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