Thursday, 26 July 2007

Canon quarterly profit up, lowers full-year outlook

(Reuters) - Besides strong demand for its compact and high-end digital
cameras, Canon's quarterly performance was driven by brisk sales
of printers and copiers as well as a softer yen, which boosts its
overseas earnings when converted into the Japanese currency.




For the full business year to December, Canon lowered its
operating profit forecast by 3 percent to 766 billion yen, short
of a consensus of 811.7 billion yen in a poll of 20 analysts by
Reuters Estimates.


Read more at Reuters.com Market News

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