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Context: Printer hardware sales down

Sales of printer hardware through distributors in West Europe were sharply down by -4.2% year-on-year in Q1 2019, according to the latest distribution data published by CONTEXT.

MFP sales were down by -1.7% year-on-year, even though laser MFPs saw a sharp growth of +4.6%, this was offset by the negative performance (-3.4%) of inkjet MFPs.

Sales of single function printers (SFPs) registered a strong decline (-13.6%) and contributed to the overall negative performance in Q1 2019.

In the UK, there were falls in both consumer and business segments, and significant drops for brands such as Ricoh (year-on-year sales down by -90.5%), OKI (-36.8%), Epson (-34.3%), Lexark (-9.9%), Canon (-9.1%), Xerox (-4.9%) and Brother (-3.5%), although other companies, which share 59.4% of the country’s printer market, saw smaller declines.