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  September 5, 2001
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Home > Company Index > Computer Hardware > Electronic Business Equipment > Danka Business Systems PLC

Danka Business Systems PLC
Nasdaq (SC): DANKY
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 NEWS FROM THE WIRES
Danka continuing operations generate wider loss
Aug 08 2001 06:43 AM PDT

More WIRE STORIES about this company

 PROFILE
Danka's sorter successful. Two-thirds of Danka Business Systems' sales come from rentals and services, including maintenance and supply contracts, training, and technical support. But Danka is known as a leading independent distributor of photocopiers, network printers, and other automated office equipment, parts, and supplies. The company sells products made by Canon, Heidelberger Druckmaschinen, Ricoh, and Toshiba. Danka, which has grown into a global reproduction center through an aggressive acquisition strategy, is pushing digital products to eliminate its financial red ink stains (caused largely by Danka's inability to integrate the 1996 acquisition of Eastman Kodak's copier sales and service division).

 COMPETITION
Hewlett-Packard Company (HWP)
IKON Office Solutions, Inc. (IKN)
Xerox Corporation (XRX)

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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 2,063.30
1-Yr. Sales Growth: (17.3)%
Employees: 14,500
Revenue per employee: $142,296.55

 KEY PEOPLE

• F. Mark Wolfinger
    CFO

 CONTACT INFO
Masters House
London W14 0QH, United Kingdom
Phone: 44-20-7603-1515
Fax: 44-20-7603-8448
Online: Web Site

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