Growth. Claranova has been experiencing a growth slump for several quarters. This situation is attributable to the photo printing division, which is suffering from the changes applied by Apple to its ecosystem. Clearly, winning new customers is becoming more complicated for Claranova’s core business. The teams are in the process of developing new channels to expand the customer base, but this will take time… Over the 2021/2022 financial year, PlanetArt, Claranova’s entity dedicated to photo printing, has saw its internal growth stumble by 12% with operating profit down from 6 ME to 16 ME.
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