Finance

Johnston revenues down as strategic review continues
Johnston Press had “no significant update” for investors on its efforts to tackle £220m in bond-related debt, as it reported a 10% decline in revenue for the half-year.

Industry output and orders matched downbeat forecast in Q2
The UK printing industry almost exactly matched its downbeat expectations for Q2 in terms of output and orders, according to the BPIF’s latest Printing Outlook, but the forecasts for Q3 suggest some...

Heidelberg maintains 2022 targets after Q1 boost
Heidelberg has reported an increase in orders and turnover as it closes the first quarter of the 2018-19 financial year, with its longer-term targets looking increasingly “realistic”.

Johnston investor threatens legal action in event of pre-pack
Johnston Press has been threatened with legal action by its largest shareholder over rumours that the company may be pre-packed after its shares fell to an all-time low of 3p.

Wood shortages limit Stora Enso's Q2 growth
Stora Enso's share price fell by 10% this morning on the publication of Q2 results that failed to live up to expectations.

Apprenticeship Levy under fire for failing businesses
More than a year has passed since the Apprenticeship Levy was launched last April and many feel that it is not working as intended.

Johnston Press confirms talks to offload pension scheme
Johnston Press has confirmed press reports that it is in debt restructuring discussions that could see it jettison its pension scheme.

InnerWorkings facing new legal action
InnerWorkings, the US-based print management and marketing giant that has a UK subsidiary, is facing legal action from investors once again over alleged financial misreporting.

Koenig & Bauer on track for 2018 despite Q1 revenue drop
Koenig & Bauer said it is on track to meet its 2018 targets, despite its revenue falling by 16.1% year-on-year in Q1.

Solid results for Communisis as it launches new growth strategy
In the 12 months to 31 December 2017 Communisis reported increases in revenues and profits with a significant reduction in net debt, whilst securing two major long-term contracts.