Growth in Equipment Installations and A4 Segment
Equipment installation grew 24% for the third consecutive quarter of double-digit growth. Entry installations grew about 33%, reflecting efforts to gain share in the A4 category.
Progress on ITsavvy Integration
The integration of ITsavvy is running ahead of plan. IT Solutions order volumes and cross-sale opportunities between print and IT Solutions businesses are already ahead of plan.
Sales Force Productivity and Operational Simplification
Sales force productivity advanced 13% year-over-year, driven by simplification and optimization initiatives. Operational simplification efforts included an enterprise-wide contract lifecycle management platform.
Lexmark Acquisition Progress
Regulatory approvals for the Lexmark acquisition are progressing, with several key approvals received. The acquisition is expected to be accretive and support revenue and profit growth.