News

February favours long overdue good news
February may be the shortest month, but as our rundown illustrates there was no shortage of big stories and top of the pile by a country mile was some welcome news.

Reach reports on tumultuous year
Media group Reach has made a near-£50m write-down in connection to the closure of two of its print sites, which also involved almost £17m in costs.

Macfarlane acquires protective packaging specialist GWP
Packaging giant Macfarlane Group has acquired GWP Holdings Ltd, the owner of protective packaging manufacturing and distribution business GWP Group.

Point-of-sale boss banned
The boss of a signage and display printer has received a lengthy ban of 10 years after a six-figure false invoicing scandal.

Koenig & Bauer sales beat expectations
Koenig & Bauer expects sales for 2020 to be above prior estimates at €1bn-plus, thanks to accounting changes that have altered the group’s revenue recognition policy.

Revenue and profits up for HP in Q1
HP Inc has reported a positive set of results for Q1, with both its printing and total revenue and profits up year-on-year.

Industry confidence eroded in Q4 with further declines expected
The recovery in the UK printing and printed packaging industry suffered a setback in Q4 and a decline on the volume of orders and output is expected for Q1.

End of the line for SCA publication paper
SCA will make its last reel of publication paper today as the group shuts down the last remaining paper machine at its Ortviken mill.

Macfarlane reports ‘resilient’ results ahead of expectations
Macfarlane Group achieved both sales and pre-tax profit growth in 2020, with its results ahead of its previous expectations, despite the challenging market conditions due to the impact of the...

Print-Leeds launches new division with £1m investment
Print-Leeds has branched into self-adhesive label production after investing just over £1m in a new press, finishing kit and MIS and creating a new specialist division.

Paragon CC invests £6m-plus in finishing
Paragon Customer Communications has revamped its mailing operations after investing more than £6m on new kit and upgrades to existing machinery as part of a futureproofing strategy.

Richline upgrades with XL 75
London printer Richline has revamped its print setup with a highly-specified B2 Speedmaster sourced through Exel Printing Machinery.

Labels UK responds to digital growth with Konica Minolta buy
Labels UK has experienced improvements in productivity, flexibility and stability after expanding its growing digital operation with a new Konica Minolta AccurioLabel 230 press.

Change at the top of Encore as MD and FD step down
The managing director and group finance director of The Encore Group are stepping down, with another longstanding director moving into the top role.

Roadmap out of lockdown: industry reacts
Industry leaders have broadly welcomed the government’s new plan for a four-step roadmap out of lockdown in England.