Exchange rate movements could cause increase in cost of printing
Friday, January 23rd, 2004 - Posted in Pricing, Financials, Issues | No Comments »Issue #0403/4 - US Dollar weakness is causing difficulties for dealers in the European market. Service and consumables will have to pay the shortfall in hardware revenues.
Resellers in Europe are reported to be suffering from a severe squeeze on margins as the effects of customary price erosion is compounded by the exceptional fall in US Dollar exchange rates against both Sterling and the Euro.
