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Photo-Me reports six-month revenue up 3.4%, new branding campaign Earnings reports News 

Photo-Me reports six-month revenue up 3.4%, new branding campaign

GaryPageau
Instant service equipment company Photo-Me International plc reported six-month revenue was up 3.4% to £94.6 million (2020: £91.5m) brought on by the greater movement of customers. EBITDA increased to £28.7 million from £16.7 million in the prior year period; pre-tax profit increased to £12.0 million. The company also announced restructuring plans, including a rebranding scheme. “The group has had a... Read More
Light-shaping company Profoto goes public Earnings reports News 

Light-shaping company Profoto goes public

GaryPageau
Longtime lighting company Profoto Holding AB went public on the NASDAQ in Stockholm July 1, under the ticker symbol “PRFO.” Profoto shares are offered to the public in Sweden and to institutional investors in Sweden and abroad. After a day of trading, the stock closed at 84 kr ($9.8 per share). With 40,000,000 shares outstanding, put Profoto’s market capitalization at... Read More
Eastman Kodak reports $6 million first-quarter net income Earnings reports News 

Eastman Kodak reports $6 million first-quarter net income

GaryPageau
Eastman Kodak Co. reported first-quarter financial results, including consolidated revenues of $265 million, net income of $6 million, and a $401 million cash balance. “The steps we have taken in the last two years — strengthening our balance sheet, establishing a customer-first approach and continuing to invest in innovation — have created the foundation for growth,” said Jim Continenza, Kodak’s... Read More
PlanetArt parent Claranova’s revenue up 39% Earnings reports 

PlanetArt parent Claranova’s revenue up 39%

GaryPageau
PlanetArt parent Claranova reported third-quarter revenue of €96 million, up 39% at constant exchange rates and 30% like-for-like from the same period last year. The boost reflected gains by the personalized e-commerce activities of PlanetArt, up 55% at constant exchange rates, and the return to growth by the software publishing activities Avanquest. Claranova reported revenue of €373 million for the first... Read More
GoPro announces first quarter 2021 revenue up 71% Earnings reports News 

GoPro announces first quarter 2021 revenue up 71%

GaryPageau
GoPro Inc. reported first-quarter revenues were up 71% to $204 million, buoyed by a 224% increase in subscription revenue. Subscriptions were $82 million, resulting in 40% of quarterly revenue. The company has more than 1 million subscribers. GoPro sold about 700,000 camera units in the quarter, with an average retail price of $366. “This is the new GoPro. We’ve evolved... Read More
Xerox releases first-quarter results Earnings reports 

Xerox releases first-quarter results

GaryPageau
Xerox Holdings Corp. reported first-quarter revenues of $1.71 billion of revenue, down 8.1 percent year-over-year or 10.4 percent in constant currency. GAAP earnings per share (EPS) were $0.18, up $0.21 year-over-year, and adjusted EPS of $0.22, up by $0.01 year-over-year. “In the first quarter, in an environment where many offices remained closed, we grew equipment sales and IT Services revenue year-over-year.... Read More
United Imaging Group shows annual increase, despite pandemic Earnings reports News 

United Imaging Group shows annual increase, despite pandemic

GaryPageau ,
European buying group United Imaging Group announced, despite the global pandemic, 2020 sales increased 6% to €404.6 million euros. At €251.8 million, warehouse revenue is €29.7 million higher than the previous year’s figure (+13.4%). Consolidated sales including foreign sales of all subsidiaries are up 2.3% on the previous year at €465 million. Despite the pandemic, 2020 was the seventh business... Read More
COVID-19 impacts Photo-Me International passport photo business Earnings reports News 

COVID-19 impacts Photo-Me International passport photo business

GaryPageau
Photo-Me International plc, the instant-service equipment group, announced delayed results for the 18 months and 12 months ended 31 October 2020. The company reported revenue for the 18-month period was £310.2 million. For the 12-month period reported revenue was £186.3 million, 19.7% lower than in the previous 12-month period to 31 October 2019, reflecting the impact of the pandemic on... Read More
Smartphoto Group reports double-digit revenue growth Earnings reports 

Smartphoto Group reports double-digit revenue growth

GaryPageau
Wetteren, Belgium-based Smartphoto group reported double-digit revenue growth, increasing 9.9 million euro from 51.5 million euro in 2019 to 61.4 million euro in 2020. EBITDA grew by 34.9% from 8.8 million euro in 2019 to 11.9 million euro in 2020, i.e. an increase of 3.1 million euro. Net profits grew 21.24% to 8.397 euro, from 6.926 euro in 2019. The... Read More
CEWE plans to raise dividend for 12th consecutive year Earnings reports 

CEWE plans to raise dividend for 12th consecutive year

GaryPageau 1 Comment
The Board of Management of CEWE Stiftung & Co. KGaA resolved to propose to the Supervisory Board, on the basis of the preliminary unaudited figures for the 2020 financial year, to raise the dividend to 2.30 euros per eligible share, up from 2.00 euros. CEWE concluded the 2020 financial year sales increased to 727.3 million euros from 720.4 million euros... Read More
PlanetArt parent Claranova reports six-month results up 25% Earnings reports 

PlanetArt parent Claranova reports six-month results up 25%

GaryPageau ,
French conglomerate and parent of PlanetArt Claranova reported revenue for the first half of fiscal 2020 of €278 million, up 25% at constant exchange rates. Reflecting the group’s exposure to North American and UK currencies which weakened against the euro, this period was significantly impacted by exchange rate fluctuations. Taking into account this impact, revenue grew 19% at actual exchange... Read More