Wednesday, July 24, 2013

Canon lowered forecasts 10% - Figaro Exchange

Japanese technology group image Canon Wednesday lowered its forecast of 10.3% of annual net income, due to an expected decline in sales compact cameras, despite up 28.6% of its net profit in the second quarter.

For the calendar year 2013, Canon expects more than a net profit of 260 billion yen (2.08 billion euros exchange rate used by the group). Between April and June, its net profit was 66.5 billion yen (515 million euros at the exchange rate of the quarter)

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