This Hertfordshire-based managed print, comms and IT provider has aligned its financial year to match that of new Japanese parent Kyocera. Losses for the nine-month period ending 31 March 2017 hit £1.2m, compared with a £4.4m profit a year earlier, as investments in its ICT capabilities and one-time loyalty bonuses associated with the Kyocera acquisition weighed on its bottom line. However, revenues rose by one per cent on an annualised basis.
Chinese vendor undeterred despite unrest among multiple governments
£30m-plus business becomes part of parent reseller
The manufacturer is one of the cloud provider's biggest customers, claims CNBC
Marian McHugh explains how the vendor's new hybrid cloud product and its leadership changes are fuelling its assault on the enterprise market