Finance
Antalis sales and profits slip
Paper merchanting group Antalis has posted its year-end results, with a perfect storm of Brexit uncertainty, currency fluctuations and declining paper volumes heavily impacting profitability.
Bunker takes new direction with Compass
Former Close Brothers Asset Finance director David Bunker is joining Compass Business Finance and will take an equity stake in the family-owned firm.
Bunker leaves Close role
Long-serving Close Brothers Asset Finance director David Bunker has left the business.
Seasonal boost stimulates slight recovery in industry confidence
A healthy seasonal boost ensured that 2018 finished stronger than it started for the UK printing industry, at least as far as the volume of output and orders are concerned, according to the BPIF’s...
Antalis to establish new shareholding structure
Antalis has revealed it will set up a new shareholding structure in the coming months, which could result in Sequana no longer being its majority shareholder.
Heidelberg sales dip in Q3 but order backlog indicates strong Q4
Heidelberg’s revenue dropped by 4% year-on-year in Q3 but the company said its order backlog indicates a strong Q4 and its targets for the full-year are still in sight.
Masterwork to become largest Heidelberg shareholder
Masterwork Group Co (Masterwork) is set to obtain a nearly 8.5% stake in Heidelberg, making it the largest shareholder in the German manufacturer, which is looking to further improve its market...
Compass to expand SME lending options
Compass Business Finance has become the first industry lender to be accredited under the government’s Enterprise Finance Guarantee scheme, opening up more asset lending options to print SMEs.
Industry output bounced back in Q3
The UK printing industry rebounded from a lacklustre Q2 to match its positive forecast for Q3, at least in terms of output volumes, according to the BPIF’s latest Printing Outlook.
Heidelberg reports H1 loss while anticipating subs payoff
Heidelberg has reported an uptick in its first-half EBITDA boosted by the growth of its new subscription model, although its bottom line suffered from one-off costs.
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...