Date: Tuesday April 12, 2005 10:05:00 am
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Q1
income slip for OcéApril
2005 –Venlo (NL):Océ has reported a sharp decline in its Q1 net income.The company revealed net profit down 47 per cent to €9.1 million ($11.7
million) on flat sales of €622.8 million, although organic sales lifted nearly 2
per cent.Chairman Rokus van Iperen said: “Our strategy, whose main
thrusts are a strengthening of the sales organisation and continual product
innovation, is bearing fruit.In the first quarter we achieved a strong
increase in sales of printing systems and software. These are the drivers of our
business.”
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