*NEWS*OCE BEATS ALL FORECASTS IN 4TH Q.

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*NEWS*OCE BEATS ALL FORECASTS IN 4TH Q.

 user 2006-01-19 at 10:21:00 am Views: 59
  • #13793

    Oce beats all forecasts with Q4
    January
    2006 – Amsterdam (NL): Dutch photocopier and printer maker Oce NV has
    seen its shares rise to an 18-month high following its Q4 earnings
    results.

    DEBIT
    rose 134 per cent to €68 million ($82 million) with operating profit
    hitting the high-end of analysts’ forecasts at €27 million.
    A full-year operating profit of €51.6 million was €16 million higher than the company’s own projection three months earlier.
    Higher service revenues and cost cuts were responsible for the high results.