Canon Australia has announced its financial results for the third quarter - July to September, 2003. Reflecting the long-term sustainability of Canon’s competitive advantage, The Group reported its fifteenth consecutive quarter of year-on-year growth. The Canon Australia Group, which consists of operations in Australia and New Zealand, reported net sales of $629.7m for the September year-to-date. This represents revenue growth of 6.8 per cent compared to the same period one year-ago.
The Group reported net sales of $222.5m for the third quarter - a 9.4 per cent increase over the year-ago period, and according to Canon Australia, is the result of accelerating demand across the Canon product range.
Shuichi Tsukahara, Canon Australia Group managing director, says, "Quarter upon quarter, Canon demonstrates its leadership across the imaging and information-management spectrum.
"With breakthrough products ranging from the first digital SLR under $2000 to the fastest A0-size printer on the market, Canon is clearly earning its impressive financial results".
Among Canon’s products and solutions, there were many standout performers in the third quarter, including the Canon imageRUNNER iR C3200, which leads the growing colour networked office multifunction printer category thanks to its genuine best-of-class technology.
Sales of digital cameras, video cameras, colour printers and consumables also continued to surge for Canon, particularly in light of increasing growth in the direct print market.
