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Profoto reports fourth-quarter sales down slightly but profits up Earnings reports 

Profoto reports fourth-quarter sales down slightly but profits up

GaryPageau , 0 comment
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 , 0 comment
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
Cimpress reports second-quarter revenue down 2%, will expand in United States Earnings reports 

Cimpress reports second-quarter revenue down 2%, will expand in United States

GaryPageau
VistaPrint parent company Cimpress reported second-quarter revenue increased 2% year-over-year (YoY) on both a reported and organic constant-currency basis, reaching $939 million. Operating income declined $26.7 million YoY to $80.9 million and adjusted EBITDA dropped $34.2 million YoY to $132.3 million. Among the factors affecting performance were: • A shortened holiday buying season and the non-recurrence of a prior year’s $12 million one-time... Read More
Moonpig shows 3.8% growth for six-month period Earnings reports News 

Moonpig shows 3.8% growth for six-month period

GaryPageau ,
U.K. personalized products company Moonpig Group plc reported, for the half year ending Oct. 31, the company saw 3.8% sales growth, driven primarily by the Moonpig brand. “We are pleased to report continued growth in revenue for the Group, driven by double-digit revenue growth at the Moonpig brand,” said Nickyl Raithatha, CEO. “Moonpig performance has been underpinned by robust growth in order... Read More
ME Group shows growth in 2024 fiscal year update Earnings reports News 

ME Group shows growth in 2024 fiscal year update

GaryPageau
ME Group International plc,  the instant-service equipment group, announced a post-year end trading update for the 12 months ended Oct. 31, 2024. Building on the positive trading momentum throughout the first half of 2024, the group reported continued growth and expects to report FY 2024 as a year of record profit and financial performance in line with the board’s expectations. The... Read More
Best Buy reports third-quarter comparable sales declined 2.9% Earnings reports 

Best Buy reports third-quarter comparable sales declined 2.9%

GaryPageau
Best Buy Co., Inc. announced results for the 13-week third quarter ended Nov.r 2, 2024 (“Q3 FY25”), as compared to the 13-week third quarter ended Oct. 28, 2023 (“Q3 FY24”). “In the third quarter, our teams delivered an in-line non-GAAP operating income rate on sales that were a little softer than expected,” said Corie Barry, Best Buy CEO. “During the... Read More
China-Hongkong Photo reports revenue decline but finances are stable Earnings reports 

China-Hongkong Photo reports revenue decline but finances are stable

GaryPageau
China-Hongkong Photo Products Holdings Ltd. reported a 7.5% decline in revenue to HK$536 million and a sharp drop in net profit attributable to shareholders to HK$7.1 million for the six months ending September 2024. Despite the dip, the company’s overall financial health remains robust with cash and bank balances of HK$274 million. The company’s board has decided against declaring an... Read More
Leica Camera announces record-breaking results for fiscal year 2023/24 Earnings reports 

Leica Camera announces record-breaking results for fiscal year 2023/24

GaryPageau
Leica Camera Group, the premium optical products maker, achieved record revenue for the fiscal year 2023/2024, posting an impressive 14% increase to MEUR 554, up from MEUR 485 in the previous year. This marks the best fiscal performance in the company’s nearly 100-year history, reflecting both sustained growth and the successful execution of its strategic objectives. The core product segment,... Read More