Results

EFI has broken the $1bn sales mark for the first time with its year-end 2018 results, which were only marred by declines in income and revenue from a “difficult” final quarter.

EFI has attributed its expected Q4 revenue shortfall to weakening economic conditions leading to its customers delaying their investment plans.

Inkjet manufacturer Xaar’s full-year revenues are set to have fallen by more than a third year-on-year after trading in Q4 continued at levels below the company’s expectations.

Reach is expecting further declines in its circulation and publishing print advertising revenue for Q4, even as group revenue is boosted by the acquisition of Northern & Shell.

DS Smith has revealed it is considering the sale of its plastics division alongside a positive set of half-year results.

HP Inc’s revenue increased by 12.3% for the full year and by 10.3% in Q4, with sales in its Printing division up by 11% for the full year and by 9% in Q4.

Cumbrian papermaker James Cropper has reported a steep pre-tax profit drop in the first half of the financial year as it continues to be impacted by higher pulp prices.

DS Smith said its trading continues to perform in line with its expectations in a pre-close trading update relating to the six-month period ended 31 October 2018.

EFI has reported record Q3 sales in its results for the three months ended 30 September 2018, but its profits have dipped slightly.

Essentra’s packaging division returned to growth in Q3, reporting an increase of more than 4%, excluding the impact from the closure of the Newport folding cartons site last year.