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Kodak Alaris for sale Again April 17 2023

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The holding company is kodak alaris holdings ltd. The uk Pension protection fund (PPF ) is the sole shareholder. The annual report is on the uk companies house website.

Kodak Alaris is now structured with two businesses;

- Kodak Moments (and Film).
The KM business comprises prints and photo products such as printed mugs etc, plus film.
Interestingly it states film was responsible for 38% of the revenue growth over the preceeding 12 months ($30m/$ 72m increase). However there is no breadown of total revenues.
Revenue of $314m in ’22. Employs 480 staff.

- Alaris,
business data image capture and management.
Revenue of $196m in ‘22. Employs 700 staff

A further 300 staff are shared.

(To put this into context harman/ilford employs 200 staff with an annual turnover of £22m in 21)

According to the annual report the kodak moment kiosk products are sourced from original manufacturers and assembled by third party integrators located in US and Germany. Consumables are manufactured by a Kodak alaris facility in US and a third party supplier in Germany.

I suspect that Harman is in the "Goldilocks" position of being just right in size and product portfolio to stay around.

Who knows? I have enough film I can get through. Hollywood makes Kodak possible.
 
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