Konica Minolta Inc. Records AED 34 billion sales

August, 08th 2014

International Awards Help Konica Minolta Prove Quality of Products, Lead to Improved Profitability Dubai, August 04, 2014: Konica Minolta announces strong financial results that have been triggered by a rise in sales of 16% Year on Year with sales records of more than AED 34 billion for the financial year 2013-2014. Operating in over 150 countries, Konica Minolta has retained its leading role in providing technologies for each of the business technologies, industrial business and healthcare segments.

Konica Minolta's wins of international awards such as the "Red Dot Award" have played an integral role in helping the company prove the strength of their products. This has helped Konica Minolta to grow sales margin worldwide.

Konica Minolta was awarded the Red Dot Award: Product Design 2014, earlier this year for its main products in the Business Technologies business: five models of the bizhub-series A3 color MFPs (multi-functional peripherals) and two models of the bizhub-series A4 color MFPs.

The impact of sales is apparent as A3 color units were of the strongest sales performance throughout the year, with a main demand between mid and high-speed models. Konica Minolta MFPs are regarded among the top revenue earners for the company.

Mr. Koichi Suzuki, Managing Director at Konica Minolta Business Solutions Middle East FZE said, "Our implementations of structural reforms worked very well to strength our corporate structure. Such initiatives also improved our asset soundness. Our investment in strengthening Optimized Print Services (OPS) in growth countries, along with our aim to strengthen our business by investing in the human resources of our service business has positively impacted our growth stature."

About Konica Minolta Business Solutions Middle East FZE
Konica Minolta Business Solutions Middle East FZE, based in Jebel Ali Dubai, UAE, is a wholly owned subsidiary of Konica Minolta, Inc., Tokyo, Japan. The company delivers services and distributes systems and solutions that fulfil all the requirements of the entire document life cycle for clients in the office and production printing area. Konica Minolta's Optimized Print Services (OPS) concept combines consultancy, hardware, software implementation and service operation in order to enhance business process efficiency and cost-effectiveness. Its product range extends from colour and monochrome multifunctional and production printing systems, to laser printers and all-in-ones, and to management software that integrates devices seamlessly into work processes and IT environments. To support customers optimally with powerful and sustainable solutions, technology leader Konica Minolta continuously invests in research and development work and regularly sets new standards.

Source: zawya.com