Ricoh forecasts 44 percent profit upgrade

Ricoh forecasts 44 percent profit upgrade

Copier, printer and software sales drive increase.

Ricoh has reported a 44 percent upgrade of its forecast operating profit for the 2009/10 year. The Tokyo Stock Exchange announcement of 65 billion yen (NZ$995 million) operating profit comes a day before it reports the actual profit on April 27.

Ricoh NZ managing director Michael Pollok says its global outlook is mirrored locally with better than expected business despite the recession.

“Customers come to Ricoh because we focus on their bottom line benefits. Our machines’ smart features and our software solutions streamline document workflows, reduce paper and power consumption, improve efficiency and reduce costs for our customers,” he says.

“In New Zealand we have seen solid demand for our copiers, printers, and software solutions, throughout what has been a challenging economic period.”

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