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Home > Fortune 500 Companies > Eastman Kodak
Eastman Kodak
Eastman Kodak is a publicly traded company having a good stock performances result. It’s a Fortune 500 stock listed company trading under the symbol EK.
The company positions as a premier multinational corporation, with a brand recognized in almost every country around the world. Kodak is the world’s leading imaging innovator, providing leading products and services to the photographic, graphic communications and healthcare markets. With sales of 14.3 billion dollars in 2005, the company is dedicated to a digitally oriented growth strategy focused on helping people better use meaningful images and information in their life and work.
Consumers use Kodak’s system of digital and traditional image capture products and services to take, print and share their pictures anytime, anywhere and businesses effectively communicate with customers’ worldwide using Kodak solutions for prepress, conventional and digital printing and document imaging. Creative professionals rely on Kodak technology to exclusively tell their story through moving or still images and leading healthcare organizations rely on Kodak’s innovative products, services and customized work?ow solutions to help advance patient care and maximize competence and information sharing within and across their enterprise.
In 2005, for the first time in Kodak’s history, more than half of their revenue came from digital products and services, and they solidified their leading market share in many of the consumer and commercial digital categories in which they participate. They completed an aggressive acquisitions program in their Graphic Communications business, setting the stage for that segment to contribute significantly to digital sales and earnings in 2006. They ended the year in an excellent cash position, with 1.7 billion dollars of cash on hand, and they secured access to significant financing to ensure liquidity for their transformation.
In addition to cash that came from their digital and traditional earnings, they generated cash from real estate sales, reductions in inventories and receivables and constant progress in leveraging their intellectual property.
Eastman Kodak Company has led the way with loads of new products and processes to make photography simpler, more practical and pleasant. In fact, today's Kodak is known not only for photography, but also for images used in a range of medical, leisure, business, entertainment and scientific applications. Its reach increasingly engages the use of technology to join images and information creating the prospective to strongly change how people and businesses communicate.
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