By John Oates
Published: 24 July 1998 15:48 GMT
Xerox has announced second quarter profits of $395m, up 17 per cent on the same period last year. Turnover grew nine per cent to $4.7bn. The company credited double-digit growth in sales of digital copiers for the improvement. The results do not include a charge of $1.1bn for a comprehensive company restructure, which brought 1,500 redundancies.
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