Kodak

Kodak has revealed some details about the new product launches planned for Drupa.

Kodak is planning to introduce “a wide range” of new products at Drupa, as the group filed 2023 figures that show a big improvement in profitability despite a drop in sales.

Kodak has launched version 10.0 of its web-based Prinergy Insite Portals platform that provides authorised users with 24/7 access from anywhere.

Kodak has revealed the first global installation of its Prosper 7000 Turbo Press.

Matthews the Printers is looking to extend its market reach as it starts to produce commercial work on the UK’s first Kodak Nexfinity with a print quality reportedly “far superior to litho”.

Kodak is set to raise the price of its offset printing plates by up to 9% after the escalating cost of aluminium became "too great to bear".

Kodak has released its full-year and Q4 2017 earnings, posting $94m in net earnings for the year, but with revenue down 7% to $1.5bn (£1.1bn), from $1.64bn in 2016.

Kodak chief executive Jeff Clarke has called for "immediate action" to cut costs, including shedding 425 jobs, after the company's Q3 results revealed losses of $46m.

Kodak has recorded a further fall in revenue for Q2 2017, while reporting an improvement in Prosper annuities and Sonora plate volumes.

Kodak has announced the streamlining of costs on its Prosper business, which could incur charges of up to $17m (£13.8m), as efforts to sell the inkjet operation continue.

Kodak is to relocate its European headquarters from Switzerland to Watford.

Kodak has become the latest leading manufacturer to commit to PrintWeekLive!.