Finance

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...

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 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.

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.

Headline sponsor Close Brothers to offer advice at PWL!

PrintWeekLive! headline sponsor Close Brothers Asset Finance will have its team of print experts on hand at this week’s event to offer visitors a wide range of financial advice.

BPIF Outlook reports muted growth in Q4 with no seasonal boost

The BPIF has released its latest Printing Outlook study of the health of the industry, reporting muted growth in Q4 without the usual seasonal boost.