OCE REPORTS JUMP IN 1ST Q. PROFIT

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Date: Monday April 17, 2006 10:07:00 am
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    Océ reports jump in Q1 profit
    April 2006 – Venlo (NL): Océ has posted a Q1 increase in profit of 42.9 per cent.The company reported net income for the quarter of €11.9 million ($14.6 million), or EPS of €0.14, compared to €8.3 million, or EPS of €0.09, in 2005.Revenue of €754.1 million was 21 per cent higher than the year before, due to the acquisition of Imagistics and exchange rate effects, the company said.

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