Ikon reports Q1 slump

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27 January 2005 – Valley Forge (PA): Ikon Office Solutions has posted a decline in its Q1 sales and income.

Net income fell from $27.7 million, or EPS of $0.18 registered 12 months ago, to $16.6 million, or EPS of $0.12. Sales fell 3.6 per cent to $1.1 billion.