Kodak Projections Show Downsizing In Growing Section Of Company
By: WROC-TV
Updated: January 23, 2013
Some revealing numbers were released Tuesday about Kodak's financial future.
It looks like the largest growing section of the company is the same one Kodak plans to downsize. The company released its latest projections to the Securities Exchange Commission. Kodak expects this year's total sales will come in around $2.5 billion. Two-thirds of those sales come from the Graphics, Entertainment and Commercial Films Group, a division they plan to scale back. Most of the remainder of the company's projected sales will likely come from Kodak's Digital Print Enterprise Group. Kodak expects that piece to triple by 2017.
It looks like the largest growing section of the company is the same one Kodak plans to downsize. The company released its latest projections to the Securities Exchange Commission. Kodak expects this year's total sales will come in around $2.5 billion. Two-thirds of those sales come from the Graphics, Entertainment and Commercial Films Group, a division they plan to scale back. Most of the remainder of the company's projected sales will likely come from Kodak's Digital Print Enterprise Group. Kodak expects that piece to triple by 2017.
