HP Inc. (NYSE: HPQ) today issued the following letter to shareholders:
HP Inc. (NYSE: HPQ) today issued the following letter to shareholders:
The Hunkeler Innovationdays will now be held from 21 to 24 February 2022 at the Lucerne Exhibition Centre. The international print industry event is focused on high-performance digital printing and finishing. The Hunkeler Innovationdays planned for 22-25 February 2021 will be postponed by one year to 21-24 February 2022.
Xerox has acquired two leading services and technology providers, Altodigital and ITEC Connect, in the U.K.
Mid-March, the postponement of the world's leading trade fair for printing technologies, drupa, to April 20 - 30, 2021 was announced due to the exponential spread of the coronavirus. Director drupa and Global Head Print Technologies of Messe Düsseldorf, Sabine Geldermann, is now answering questions that concern the print industry.
On March 19, the Department of Homeland Security’s CISA (Cybersecurity and Infrastructure Security Agency) published guidance to state, local, tribal, and territorial jurisdictions and the private sector defining essential critical infrastructure workers imperative to responding to the COVID-19 pandemic.
As of Monday, March 16, 2020, Printing Industries of America will begin operating at a reduced staffing capacity in its physical offices in response to the ongoing COVID-19 crisis. During this time, we are committed to providing our members the same quality service that they have come to expect over the years. If you need assistance, please email This email address is being protected from spambots. You need JavaScript enabled to view it. or to reach a member of our staff directly visit www.printing.org/staff and click on the name of the staff person to access their profile. Thank you for your understanding during these unprecedented times.
Managing the possible consequences of the corona crisis is currently a top priority, professional project organisation already established
Good order intake in Q4 2019, although not all expected orders were placed in security printing and metal decorating
Follow-up orders of strategic importance in digital decor and corrugated printing received after the close of the financial year 2019
Group revenue in 2019 at the previous year’s level
EBIT margin of 4.6% below target due to some special items
Significant cash flow improvement in Q4
Equity ratio of 34.3%
Suspension of the dividend payment for 2019 in view of the significantly increased uncertainties caused by the corona crisis
Impacts of the corona crisis on group performance in 2020 are currently completely open
Eastman Kodak Company (NYSE: KODK) today reported financial results for the full year 2019, including revenues of $1.2 billion, continued growth in key product areas and net earnings of $116 million, including the gain on the sale of the Flexographic Packaging Division.
Today, Printing Industries of America has called upon Congress to take swift legislative action to mitigate the economic impact of this pandemic on the printing and graphic communications industry by creating a federal emergency program to provide compensation for COVID-19-related employee leave.
Consistent focus on Heidelberg’s profitable core business
Closure of unprofitable businesses as well as sharp cuts in production costs and structural costs – production of “Primefire” and “very-large-format printing” will be stopped
Action package includes global reduction in force by up to 2,000 jobs
Non-recurring expenses of approximately €300 million impact FY 2019/20 earnings
Return transfer of around €375 million in liquidity from trust fund secures financing of action package and significantly increases financial stability
Net debt to be almost completely eliminated; high-yield bond to be repurchased
Focus on technology leadership in core business with emphasis on digitalization to advance
Printing Industries of America is now accepting submissions for the 2020 Premier Print Awards competition, marking the program’s 72nd year honoring print excellence. The international competition is open to all companies involved in the creation or production of print communications, as well as students and student groups from high school, vocational school, or college print production programs.