Kodak considers exit: Debt burden may be unmanageable
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US printing press manufacturer Eastman Kodak is under massive financial pressure in 2025. Around US$500 million is due within a year to settle debts – with cash reserves of only US$155 million. The company itself now admits to doubts about its ability to continue as a going concern.
Declining sales, rising costs, and a net loss of US$26 million in the second quarter of 2025 have exacerbated the company's situation. The outflow of cash and cash equivalents amounted to US$46 million in the first half of 2025 alone, as shown in the company's latest annual report. Funds from the dissolution of the US pension plan are now to be used to help pay off debts.
Although Kodak is investing in new business areas such as advanced materials and pharmaceutical production, time could be running out before these become profitable. Skepticism has already taken hold on the stock market. The share price temporarily plummeted by over 25%.
