The Recycler
  • Ninestar Masthead Banner Inkjet
  • Static Control June 2022 Masthead Ad
  • https://www.ecs-uk-ltd.co.uk/partner-us?utm_source=tr-636x124-8&utm_medium=didiad
  • Biuromax Web banner June 2022
  • Katun March Web Advert 2021

Konica Minolta – Solid as a rock?

Konica Minolta – Solid as a rock?

February 4, 2020

The Konica Minolta consolidated financial results for the third quarter ended 31 December 2019, show sales of MFPs increased and sales in Europe up, but revenues and profits down.

In its report, Konica Minolta said that although the external environment remains harsh, on a real basis sales were in line with the previous year when excluding the impact of exchange rates. Revenue for the quarter was ¥747 billion ($6.8 billion/ €6.1 billion) with operating profits down 79% at ¥10.6 billion ($97 million/ €88 million).

The office business segment Konica Minolta said “is solid, as expected”, and recorded revenue of ¥412.2 billion ($3.8 billion/ €3.4 billion), down 6% year-on-year or 2% without foreign exchange rates for the nine months of FY2019. The third quarter FY2019 for the segment recorded revenue of ¥139 billion ($1.2 billion/ €1.1 billion), down 5% year-on-year or 0% without foreign exchange.

Sales of new colour MFPs increased in the second half of FY2019 and Konica Minolta introduced new colour products aiming for sales improvements throughout the fourth quarter. Konica Minolta added that sales picked up in Europe, where shipments grew 3%. Progress was made in large project installations in Europe, and the mainstay new colour Seg2/3 product (bizhub C250i/C300i /C360i) drove a 10% jump up in shipments, according to Konica Minolta.

The company is also making progress in reducing manufacturing costs.

Categories : City News

Tags : Business Financials Konica Minolta OEM

  • Static Control June 2022 Big & Bold Ad
  • Aster July 2022 Web banner
  • IR Italiana Web ad January 2021
  • GM Technology August 2022 Web Ad
  • Mito July 2022 Web banner
  • GPI Web advert August 2022
  • Ink Tank web banner new
  • Apex UStation web banner
  • CTS New Ad March 2022
  • PCL Web ad January 2021
  • Zhono August 2022 Web ad
  • HYB Web banner
  • ITP Web ad January 2021
  • CET June 2022 Web ad
  • CET June 2022 Web ad
  • CTS New Ad March 2022
  • Zhono August 2022 Web ad
  • ITP Web ad January 2021
  • HYB Web banner
  • PCL Web ad January 2021
  • ITP Web ad January 2021
  • CTS New Ad March 2022
  • Zhono August 2022 Web ad
  • PCL Web ad January 2021
  • HYB Web banner
  • CET June 2022 Web ad

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark