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Challenging quarter for HP Inc | OPI - Office Products International - Vimarsana News

Challenging quarter for HP Inc | OPI - Office Products International

Navigating the current tough macroeconomic environment has taken a toll on HP Inc’s quarterly results. Total Q3 sales were $14.7 billion, down 1.9% in constant currency from the prior-year period, while pre-tax profit dropped by $124 million to $1.2 billion. At HP’s Printing division, revenue came in at $4.6 billion, a drop of 5% in

Source: opi.net
Fujitsu-Ricoh scanner deal gets green light | OPI - Office Products International - Vimarsana News

Fujitsu-Ricoh scanner deal gets green light | OPI - Office Products International

The Japan Fair Trade Commission (JFTC) will not block the majority sale of Fujitsu’s PFU scanner business to Ricoh. In April, Ricoh agreed to acquire 80% of PFU – which has annual sales of around $1 billion – for $645 million. The transaction had been expected to close on 1 July but was delayed because

Source: opi.net
Bang & Olufsen targets enterprise market | OPI - Office Products International - Vimarsana News

Bang & Olufsen targets enterprise market | OPI - Office Products International

High-end consumer audio brand Bang & Olufsen has said that the enterprise market is a strategic focus area. The Denmark-based company has already partnered with the likes of Cisco and HP to cater to the growing audio needs of hybrid workers. Now, it has announced that a number of its products are to be certified

Source: opi.net
New Managing Director at ABL | OPI - Office Products International - Vimarsana News

New Managing Director at ABL | OPI - Office Products International

Office furniture accessories and ergonomic products supplier ABL has appointed its long-standing Production Director as Group Managing Director. Sreten Savkovic has been with ABL (formerly known as Accessory Bits) for more than 16 years. He helped the company’s founders set up the manufacturing unit in Serbia and was named as Production Director in 2007. In

Source: opi.net
ALSO: acquisitions offset slight organic decline | OPI - Office Products International - Vimarsana News

ALSO: acquisitions offset slight organic decline | OPI - Office Products International

Reported H1 2022 sales at European technology distributor ALSO were roughly in line with those of last year. For the first six months of 2022, the group generated revenue of €5.52 billion ($5.65 billion), 0.5% lower than in 2021. A 6.4% decline in supplies to €3.84 billion was more than offset by a 16.8% jump

Source: opi.net
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