Printing Industry News for Canada | RSS | 
15 April 2025
Kodak Sales Down But Profits Up.
ROCHESTER, NEW YORK,—
Last quarter net income surged 420% to $26 million, while full-year revenue fell 7% to $1.043 billion. From $275 million in the previous year, fourth-quarter sales dropped to $266 million, a 3% decline. From $47 million, gross profit climbed to $51 million, therefore raising the gross profit margin from 17% to 19%. Reflecting a 420% rise, net income for the quarter shot to $26 million from $5 million. From $1.117 billion, full-year sales dropped 7% to $1.043 billion.
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Inkjet is becoming an increasing part of Kodak's business
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Plates are still a big part of Kodaks business especially in North America.
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Sales at Kodak’s print division fell and the unit made a loss last year, but the manufacturer is confident that printing plate tariffs and its growth agenda will lead to improved results in the future. Kodak is the last man standing in domestic printing plate manufacturing in the US. Kodak said the implementation of steep tariffs in the US on imported printing plates from China and Japan had “established a level playing field”.
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