First quarter group revenues for the period to 31 January 2004 were 10.4bn ($19.5bn) up 9% year-on-year. Operating profit jumped 23% to 750m.
In imaging and printing, revenues of 3.1bn were posted an increase of 6% on the same period last year. Operating profit for the three-month period hit a record level of 519.3m, up 6% on the previous year.
During the quarter the imaging and printing division shipped some 14.4m hardware units, an increase of 12% on the previous year.
Chairman and chief executive Carly Fiorina said the group continued to outpace the market and gain share in key categories, with particular strength in higher value categories.
Have your say in the Printweek Poll
Related stories
Latest comments
"Great to see companies investing in the UK."
""the costs outweighed the income", but he claims the print was profitable??? SbF"
"Will he be asking for credit from the same companies he’s left with debt?"
Up next...
IC Printing acquired, owner retires
TheMPC rounds out service offering with litho firm acquisition
Suppliers launch vehicle-wrap films
Wrapfest returns to Silverstone
Goes live on 11 October
Adare SEC charity auction backed by major names
Further consolidation in paper supply