Xerox announce better than expected results

Office equipment company Xerox reported higher net profits for the fourth-quarter led by strong sales of new products and reduced expenses.

Xerox announce better than expected results
Tue, 27 Jan, 2004 - 15:43

Office equipment company Xerox reported higher net profits for the fourth-quarter led by strong sales of new products and reduced expenses.

The company posted fourth-quarter net profits of $197m (€156m) against $92m (€73m), after exceptional items, in the third quarter.

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