19 November 2024
Kodak Sales and Profits Are Down
ROCHESTER, NEW YORK—
Plates are still a key part of Kodaks business
Plates are still a key part of Kodaks business
 Overall sales slipped by 3% to $261m, while operational profits fell by $11m to $1m. Kodak said the decrease was “primarily driven by higher manufacturing costs driven by an increase in aluminium costs, changes in employee benefit reserves, inventory reserve adjustment, as well as an increase in costs associated with certain litigation matters”.
Inkjet is becoming a bigger part of Kodak's business
Inkjet is becoming a bigger part of Kodak's business
Sales at Kodak’s Print division, currently its biggest business, were down 7.1% at $182m and the unit made an operational loss of $9m compared to a $4m positive figure the prior year. Sales at Kodak's growing Advanced Materials & Chemicals wing, were up nearly 11% at $71m. Kodak’s share price fell by 16.6% following the results announcement. The three major world offset plate manufactures are Kodak, Fujifilm and Agfa (now EC03).In North America Kodak is considered to be the largest.It has been so competitive that Agfa sold their plate division last year .    
 
Comments:
NEW ON THE JOB BOARD | RSS
Total Job Board Listings: 1
New This Week: 0
CLICK HERE to post your job opening
LATEST USED EQUIPMENT | RSS
Total Used Equipment Listings: 18
CLICK HERE to list your equipment
CLASSIFIED | RSS
Company for sale
Company wanted
CLICK HERE to list your business opportunity in the printing industry
Most Recent News Comment
Rick says:
Is this good or bad for all NON-Epson printers?...
North Island Publishing PrintCAN Print Jobs Canada’s Estimators' & Buyers' Guide MastheadOnline PaperFinder Print World 2010 Design City
Graphic Monthly Print Equipment gutenbergs' guide COPA industrial print