Page 13 - It Amp Eos News Today

ACCO Brands is eyeing structural cost reductions next year as it looks to tackle the softening macroeconomic conditions. Speaking on yesterday’s quarterly earnings conference call, CEO Boris Elisman referred to “structural cost reduction initiatives to be implemented in 2023” as the company expects the business environment to remain challenging. Without going into specifics, he said

Distributor DCC Technology – which mainly trades as Exertis – has reported an adjusted operating profit increase of more than 50% in the first half of its financial year. In the six months ended 30 September 2022, DCC Technology generated adjusted operating income of £45.5 million ($52 million), around 53% up on the previous year

Xerox’s share price plummeted by around 20% in early trading on Wall Street today after its Q3 earnings missed on both the top and bottom lines. The tech company reported third quarter sales of $1.75 billion, essentially flat compared with last year, but up by almost 5% on a constant currency basis. The Americas region

Remanufactured ink and toner supplier Armor Print Solutions has named a former HP exec as Director of its key French market. Taking on this newly created role is Philippe Chaventré, until recently Sales Director of HP France’s Office Printing Services & Solutions division. Chaventré spent more than 14 years in a number of roles at

HP Inc has appointed a permanent Chief Commercial Officer (CCO) to take on the role vacated by Christoph Schell earlier this year. Schell left HP in February to join Intel. Since then, company veteran Luciana Broggi has been filling in on an interim basis. Along with the news that Broggi is to retire from HP

Aftermarket imaging supplies vendor Static Control has announced several changes in its sales and product management leadership in North America and Europe. Josh Braendle has been promoted to VP of North American Sales. Braendle has more than 15 years of experience in the imaging aftermarket prior to returning to Static Control almost ten years ago.

Imaging products distributor CTS Toner Suppliers has appointed a new Hardware Sales Manager as it looks to develop the Pantum printing brand in the UK. Former Beta Distribution exec Tim Wills has been appointed to the role, bringing with him a wealth of experience in printer and copier sales in a distribution-to-dealer/reseller model. He has

Technology dealer group SYNAXON has launched a new service that enables partners and their end-user customers to rent hardware and combine it with software and managed services, without needing to make any upfront investment. Called Managed Workplace, configurations can be rented for a 36-month term and are tailored to customers’ specific requirements. An extensive selection

The third edition of print research firm Quocirca’s Global Print 2025 study highlights the importance of hybrid working in the post-pandemic era. The Future of Work 2025 report – conducted among 1,021 office workers and 521 IT decision makers (ITDMs) in SMBs and large enterprises in the UK, France, Germany and the US – revealed

Managed print software provider MPS Monitor has been bought by Canada-based Valsoft, a company specialising in the acquisition and development of software firms. Valsoft has entered the managed print services (MPS) space after the purchase of Italian firm MPS Monitor and Denmark-based Euroform. The two companies are globally recognised as the providers of leading, innovative,