Page 11 - It Amp Eos News Today

German office products dealer group Büroring and retail services organisation EK are planning to establish a formal alliance. In a statement, Büroring pointed to the successful cooperation between itself and EK/servicegroup since 2014, notably in the area of central billing. Now, against a backdrop of continuing consolidation in the office supplies market, the two entities

Healthy top-line growth could not prevent Canon’s Printing business from reporting a mid-single-digit decline in operating profit in 2022. The OEM’s Printing unit achieved 2022 revenue of around ¥2,300 billion ($18 billion), almost 17% higher than in 2021. The depreciation of the yen (which fell by about 10% against the US dollar during the year)

Robert Keane is to step down from his role of CEO at online printing business Vista (previously Vistaprint). Four years after returning to the CEO role to lead a turnaround of the business, company founder Keane has announced that former Amazon and McKinsey exec Florian Baumgartner will become Vista CEO on 1 February. Baumgartner has

Xerox reported improving sales and profit numbers in the fourth quarter of 2022. Q4 2022 revenue of $1.94 billion represented an organic year-on-year increase of almost 14% in constant currencies, while adjusted operating margin climbed by 440 basis points to 9.2%. CEO Steve Bandrowczak said the increases were due to “resilient” demand and improvements in

The ODP Corporation (ODP) has issued a press release about a contract award for the state of California. ODP’s Business Solutions division (BSD) was awarded a place on a California mandatory statewide contract for PC goods to supply Lenovo technology – including desktops, thin desktops, laptops, Chromebooks, monitors and accessories. BSD will also work with

Walmart has launched a new e-commerce site in the US aimed at small businesses and non-profits. The retailer said it had been working for months with these types of customers “to build solutions just for them”. The result is Walmart Business, a standalone site that offers more than 100,000 curated items organised into seven categories:

UK audiovisual (AV) distributor Midwich has said its pre-tax profit in 2022 will be ahead of expectations. In a year-end trading update, the wholesaler said 2022 had finished strongly, with revenue set to be a record £1.2 billion ($1.5 billion). This represents a year-on-year increase of around 40% as reported, and organic growth of more

Sustainable economy media and research firm Corporate Knights has published its 2023 ranking of the world’s 100 most sustainable corporations. The Global 100 (G100) list was unveiled in Davos, Switzerland, where political and business leaders are gathered for the 2023 Word Economic Forum (WEF). The G100 is compiled based on an assessment of more than

Heinz Sieg, the founder of aftermarket imaging supplies manufacturer KMP, sadly passed away on 15 January, aged 80. Born in 1942, Sieg completed commercial training and a degree in business administration after leaving school. From 1971, he worked in various positions for the German Federation of Trade Unions before becoming head of the Graf Bismarck

Xerox has confirmed the acquisition of Platinum partner Advanced UK. Based in Uxbridge, near London, Advanced is a hardware and managed print services provider. It also operates an online office supplies business. Xerox said the acquisition will allow it “to further vertically integrate, continue to strengthen its presence in the UK, and provide continuity to