mardi 13 décembre 2005

HP chief outlines his expansion strategy

"Mark Hurd, chief executive of Hewlett-Packard, on Tuesday outlined a three-pronged strategy for expanding the world's second biggest computer maker by capitalising on growing demand for digital printing, mobile computing, and software and equipment for a new generation of corporate data systems.

"[These trends] play to our strengths . . . and we are going to take advantage of them," said Mr Hurd, who has been charged with turning round HP after several years of inconsistent results and stock market underperformance.

Speaking at his first analyst meeting since he replaced Carly Fiorina as chief executive this year, Mr Hurd said HP expected revenue growth of 4-6 per cent for the year ending in October 2007.

HP also announced an expansion into the European imaging and printing market with the acquisition of bilderservice.de, the German owner of Pixaco, an online photo printing service.

The deal, for an undisclosed sum, comes on the heels of HP's purchase of Snapfish, a US-based online photo service with 20m registered customers.

It represents the latest in a series of moves intended to transform HP's imaging and printing business, best known for its desktop printers, into a key driver of growth by expanding into the market for commercial-scale printing, digital photos and copying as well as other high-end imaging services.

HP will also try to take advantage of a shift towards decentralised, low-cost corporate IT systems, or "data centre architectures", which are less labour-intensive but require more sophisticated management software than traditional mainframe computers.

Mr Hurd said HP would focus on providing mobile computing services that allow customers to access data securely wherever they want.

Mr Hurd did not announce any new restructuring in addition to a $1.9bn "catch-up action" unveiled in July, which has seen HP shed about 15,300 jobs and restructure its salesforce and IT systems.

However, he indicated the company would keep watching costs as it attempted to adapt to a trend towards lower operating margins in the computer industry.

Shares in HP fell 2.5 per cent to $29.22 in midday trading in New York."

Mr Hurd, where is your expansion strategy ?

5 commentaires:

  1. "data processing HP France attenuates its plan of suppression of employment the direction of the data-processing manufacturer brought back his plan of reduction of French manpower to 886 stations, against 1.240 envisaged initially. Manpower will be reduced by 18,1% instead of the 25,4% announced. The media and trade-union battle will have borne its fruits. HP France ended up re-examining in fall the vast plan of reduction of manpower announced last September and which had caused an outcry in the Hexagon, resonant until the high top of the State. Finally, the trade unions announced that 886 stations would be removed against 1.240 envisaged initially. According to the CFTC, "this figure accounts for 18,1% of the manpower of the group HP France, whereas that initially envisaged of 1.240 removals of stations accounted for 25,4% of total manpower".

    http://www.latribune.fr/Tribune/Articles.nsf/ArticlesWeb/IDC18E61E14DE04A1AC12570D7003A02A4*-HP-France-attenue-son-plan-de-suppression-d-emplois?OpenDocument

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  2. Less layoffs in France

    940 instead of 1240 initially forseen

    HP France : les suppressions d'emplois revues à la baisse
    Elles devraient concerner 940 personnes contre les 1.240 initialement prévues • La direction de Hewlett-Packard a baissé le nombre de départs contre une renégociation de l'accord sur les 35 heures avec les syndicats


    http://www.liberation.fr/page.php?Article=344943

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  3. HP continues to count restructuring expenses as "one-time" items in its earnings reports even though it has brought up such charges in 11 of the last 12 quarters. This pattern prompted Bernstein & Co. analyst Toni Sacconaghi to ask HP CFO Bob Wayman about the practice given that such charges appear to be "part of HP's business model."

    http://www.theregister.co.uk/2005/12/14/hp_plan_2007/

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  4. Less layoffs in Belgium :
    114 instead of 140

    HP BELUX: les pertes d'emplois sont ramenées à 114 au lieu de 140


    Trois mois après l'annonce d'un vaste plan de restructuration chez Hewlett-Packard en Europe, direction et syndicats de la filiale belgo-luxembourgeoise du groupe informatique ont entamé vendredi après-midi les négociations sur le plan social, après être parvenus à réduire de 140 à 114 le nombre de pertes d'emplois dans l'entreprise.
    Cette réduction des suppressions de postes a pu être obtenue grâce à des mutations internes et à des démissions, a-t-on précisé de source syndicale. Les suppressions de postes se feront en trois vagues successives en janvier, en mai puis en septembre 2006, a-t-on ajouté de même source.
    Une nouvelle réunion entre interlocuteurs sociaux aura lieu jeudi prochain.


    Hewlett-Packard emploie actuellement 1.289 personnes en Belgique et au Luxembourg, réparties sur cinq sites: deux à Bruxelles (le siège central à Evere et un site à Woluwe-Saint-Lambert), et les trois autres à Strombeek (banlieue bruxelloise), à Zwevegem (Flandre occidentale) et à Luxembourg.
    Les pertes d'emplois s'inscrivent dans le cadre de la restructuration mondiale de la multinationale américaine, qui a annoncé en juillet dernier son intention de supprimer 14.500 emplois, dont près de 6.000 en Europe, sur quelque 150.000 dans le monde.


    http://www.lecho.be/actualite/ligneinfo_fichenews.jsp?indice=62349

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  5. Une offre de reclassement... en Malaisie

    La direction japonaise d'une entreprise située dans l'Allier a proposé à ses salariées, menacées de licenciement économique, de les reclasser en Malaisie avec les conditions salariales en vigueur dans ce pays.

    http://www.lci.fr/news/economie/0,,3273485-VU5WX0lEIDUy,00.html

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