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Profoto withdraws dividend proposal due to uncertain U.S. economic condition Earnings reports News 

Profoto withdraws dividend proposal due to uncertain U.S. economic condition

GaryPageau 0 comment
Swedish lighting company Profoto presented preliminary figures for the first quarter of 2025, amounting to SEK 164 million, compared to SEK 171 million last period, corresponding to a decrease of approximately 3.7%. Preliminary EBIT was SEK 17 million, half of last year. The result is affected by a significant decline in sales in the United States, mainly due to the current... Read More
Product availability impacts Ringfoto sales in 2024 Earnings reports News 

Product availability impacts Ringfoto sales in 2024

GaryPageau ,
European photo cooperative Ringfoto reported  total revenue of €516.9 million in 2024, marking a 3.4% decrease (€18.5 million) from the previous year, primarily due to scare products.  Warehouse sales increased by 5.1% to €390.8 million, while direct shipments (centralized billing) fell by 22.9% to €126.2 million. The overall group revenue, including subsidiaries in Austria and the Netherlands, declined by 3.5%... Read More
Claranova reported stable first-half sales and improved net income Earnings reports News 

Claranova reported stable first-half sales and improved net income

GaryPageau ,
PlanetArt parent Claranova reported €294 million in revenue for the first half of the 2024-2025 year, remaining stable year-over-year despite a shorter holiday sales period. EBITDA grew 23% to €33.6 million, driven by cost reductions and higher-margin products, improving the EBITDA margin to 11.4% from 9.3%. The company’s net income quadrupled to €9.6 million, aided by operating improvements and reduced... Read More
CEWE aims to continue to increase its turnover and earnings in 2025 Earnings reports News 

CEWE aims to continue to increase its turnover and earnings in 2025

GaryPageau
CEWE Stiftung & Co. KGaA delivered record sales and earnings in 2024 despite economic challenges. The company remains financially robust and forecasts further growth in 2025, driven by its core photofinishing business and strategic innovation efforts. The company reported that 2024 sales increased by 6.7% to €832.8 million, compared to €780.2 million in 2023. CEWE Stiftung & Co. KGaA delivered... Read More
Kodak reports fourth-quarter and full-year 2024 financial results Earnings reports News 

Kodak reports fourth-quarter and full-year 2024 financial results

GaryPageau ,
Eastman Kodak Co. reported fourth-quarter consolidated revenues of $266 million, compared with $275 million for Q4 2023, a decrease of $9 million or 3 percent, but a gross profit of $51 million, compared with $47 million for Q4 2023, an increase of $4 million or 9 percent For the full-year, consolidated revenues were $1.043 billion, compared with $1.117 billion for... Read More
HP reports overall first-quarter net revenue up, but printing segment down 2% Earnings reports News 

HP reports overall first-quarter net revenue up, but printing segment down 2%

GaryPageau
HP Inc. reported a first-quarter net revenue of $13.5 billion, up 2.4% from the prior-year period. By segment, Personal Systems net revenue was $9.2 billion, up 5% year over year (up 5% in constant currency) with a 5.5% operating margin. Consumer PS net revenue was down 7% and Commercial PS net revenue was up 10%. Total units were down 1% with... Read More
Smartphoto group sales go up in fiscal 2024 but earnings decline due to targeted investments, faces takeover bid Earnings reports 

Smartphoto group sales go up in fiscal 2024 but earnings decline due to targeted investments, faces takeover bid

GaryPageau ,
Belgium-based e-commerce leader Smartphoto group reported an increase in revenue to 80.5 million euro in 2024 thanks to a strong second half and an even stronger last quarter. This growth of 4.0% (or 3.1 million euro) was achieved in a challenging economic environment, with continued pressure on consumer spending and market uncertainties. The company also revealed that Alyrick announced the... Read More
CEWE: Sales and earnings further increased, targets achieved (preliminary results) Earnings reports News 

CEWE: Sales and earnings further increased, targets achieved (preliminary results)

GaryPageau ,
According to preliminary, as yet unaudited figures, CEWE Stiftung & Co. KGaA concluded the 2024 financial year with a significant increase in sales and earnings: Group sales increased by +6.7% to EUR 832.8 million (2023: EUR 780.2 million). CEWE thus exceeded its own target for 2024 of up to EUR 820 million in sales. The CEWE Group’s operating result (EBIT) rose... Read More
ME Group reports record profitabilty Earnings reports News 

ME Group reports record profitabilty

GaryPageau ,
ME Group, the instant-service company formerly known as Photo Me International, reported record profitability for the full year ending Oct. 31, 2024. The company cited highlights like a rapid expansion of laundry operations across key geographies, a record pipeline of machine installations with key strategic partners, and the launch of a new automated cutting service, Kee.ME The company reported group revenue... Read More
Profoto reports fourth-quarter sales down slightly but profits up Earnings reports 

Profoto reports fourth-quarter sales down slightly but profits up

GaryPageau ,
Swedish lighting company Profoto announced that fourth-quarter sales (Oct. – Dec. 2024) amounted to SEK 200 million (204), a decrease of 1.8 percent. Organic growth amounted to -3.1 percent and currency effect to 1.3 percent.Profit for the period totaled SEK 43 million (37). For the full year, net sales amounted to SEK 731 million (787), a decrease of 7.1 percent.... Read More
Claranova stabilizes financial results for the first-half of the year Earnings reports News 

Claranova stabilizes financial results for the first-half of the year

GaryPageau ,
PlanetArt parent Claranova reported strong revenue for the first half of the 2024-2025 (July – December 2024) year of €294 million, holding steady compared to last year’s first-half like-for-like (-1% at actual exchange rates). The performance in H1 2024-2025 is all the more noteworthy given the unfavorable year-end holiday season calendar for the group’s key markets of the United United... Read More
Fujifilm Announces Financial Results for the 3rd Quarter Ended Dec. 31, 2024 Earnings reports 

Fujifilm Announces Financial Results for the 3rd Quarter Ended Dec. 31, 2024

GaryPageau
FUJIFILM Holdings Corp. announced third-quarter financial results, which ended on Dec. 31, 2024. In the first nine months of the fiscal year, revenue increased by 8.0% year-over-year to JPY2,327.5 billion, mainly due to strong sales in the Electronics and Imaging businesses, and the favorable impact of exchange rates. Operating income also benefited from the revenue growth and exchange rate impact,... Read More
Smartphoto group reports reports 4% increase in revenue for full-year 2024 Earnings reports 

Smartphoto group reports reports 4% increase in revenue for full-year 2024

GaryPageau
Smartphoto group, the e-commerce group from Wetteren, Belgium, realized an increase in revenue to 80.5 million euros in 2024, thanks to a strong second half and an even stronger last quarter. This growth of 4.0% (or 3.1 million euro) was achieved in a challenging economic environment, with continued pressure on consumer spending and market uncertainties, the company said. The smartphoto... Read More
Snap announces fourth quarter increased 14% Earnings reports 

Snap announces fourth quarter increased 14%

GaryPageau
Snap Inc. announced full-year revenue was $5,361 million in 2024, compared to $4,606 million in the prior year, an increase of 16% year-over-year. Net loss was $698 million in 2024, compared to $1.322 billion in the prior year. Fourth-quarter revenue was $1,557 million, compared to $1,361 million in the prior year, an increase of 14% year-over-year and net income was... Read More