Fuji Xerox: NZ branch our “most successful”
Fuji Xerox has reported record revenues for the financial year ending 31 March, 2010 and said that its New Zealand operation was the top performer in the Fuji Xerox group.
After reporting a loss of $15.6 million last year, the group has now reported a $7.5 million profit (before tax). Fuji Xerox New Zealand’s revenue grew 6.4% from $174.1m to $185.2m and Fuji Xerox Finance Limited revenue grew 5.2% from $66.9m to $70.4m.
Fuji Xerox New Zealand Managing Director, Neil Whittaker, said, “This year has been our best sales year in New Zealand to date and we have been recognised as a top operating company within the Fuji Xerox group for our top line customer revenue growth with a 6.6% increase year on year. This is an incredible achievement and one that can be attributed to the great products we have launched this year and the strong sales force at Fuji Xerox.”
He continued, “We’re very proud to have turned last year’s $15.6 million loss into a $7.5 million profit before tax. In addition to the success of our market leading product line, we’ve used existing resources smartly and worked hard on company-wide efficiencies to trim over $2 million off our business costs.
“This is a huge result for us and we’re confident we can turn this into another record year thanks to our ongoing investment in alternative and locally developed ICT solutions that broaden our portfolio beyond hardware alone.”
