Saturday 19 October 2019
News
other news

Xerox is NOT for sale   27 July 2018   


The new CEO of Xerox Corporation, John Visentin announced his first earnings report yesterday July 26.
 
He took the opportunity to set out his vision for the short to medium term for the company, principally that the board of Xerox is NOT looking for a buyer.
This statement will be welcomed by Xerox resellers and dealerships worldwide, coming as it does after a tense year of speculation.  
"Our focus is on leveraging the assets and capabilities we have today to create a sustainable company that provides a compelling value proposition for customers and partners,” Visentin said.

The 2018 Q2 report set out revenues totalling $2.51 billion / 2,16 billion euros, down 2.2% compared to the same period in 2017.  Sales are flat and slightly down, but profits are also down, and this more than expected - after years of relative stability.
 
In a further bid to boost confidence in the future of the worldwide Xerox infrastraucture, Xerox also announced it will buy back up to $1 billion of its own stock, with up to $500 million in 2018.




Datamaster Online (DMO) is a benchmarking portal: competitive information, analyses, evaluations, comparison tools, technical data, product strengths and weaknesses, TCO ... and much more.  An independent test lab.
To find out about DMO


10 Oct 2019  

13 Sep 2019  

12 Sep 2019  

11 Sep 2019  

10 Sep 2019  

09 Sep 2019  

09 Sep 2019  

02 Sep 2019  

02 Sep 2019  

02 Sep 2019  

02 Sep 2019  

02 Sep 2019  

27 Aug 2019  

30 Jul 2019  

22 Jul 2019  

09 Jul 2019  

09 Jul 2019  

09 Jul 2019  

09 Jul 2019  

09 Jul 2019  

05 Jul 2019  

04 Jul 2019  

04 Jul 2019  

02 Jul 2019  

18 Jun 2019  

07 Jun 2019  

23 Apr 2019  

19 Apr 2019  

17 Apr 2019  

08 Apr 2019  

List of linked news items, pages : 1    2    3    4    5    6    7    8    9    10    11    12    13    14    15    16    17    18    19    20    21   

access the Subscriber area

News structure
Canon announces the end of the Océ brand
10 October 2019

The Océ brand is going to disappear, with no more new products carrying that name after January 1, 2020. A new brand is born: Canon Productio (...)

13 September 2019


12 September 2019


11 September 2019

LinkedinTwitterViadeo
structure