Entry-level production colour boost to Xerox

30 January 2006

Installations of monochrome and colour production printing kit have increased, according to the Xeroxs fourth quarter 2005 results.

Colour installs, which were led by increases in the sales of its new DocuColor 240/250 multifunction printer and the firm's flagship iGen3, grew by 58%. Monochrome products, which include the Xerox 4110 light production system, increased by 19%.

"Equipment sales were impacted by a more significant shift in product mix with stronger sales of lower-priced systems," said Xerox chairman and chief executive Anne Mulcahy. "Demand and install activity accelerated for key products like entry-level colour production systems."

Mulcahy added that the firm's colour revenues rose by 5% to account for 32% of the total in 2005.

Fourth-quarter revenues fell 2% to 2.4bn ($4.3bn), while net income rose 18% to 159m. For the full year, revenues were flat at 8.9bn, while net income rose 14% to 553m.

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