Results

Packaging giant DS Smith has reported revenue and profit increases as its recent acquisitions start to pay off alongside organic growth.

Gift packaging and stationery specialist IG Design Group’s UK business has continued on its growth path while the wider business has also seen significant sales increases.

Fujifilm’s pre-tax profit reached a record high of ¥212.8bn (£1.48bn) in its fiscal year ended 31 March 2019, but its revenue was down marginally to ¥2.432tn.

Koenig & Bauer posted a 6.2% increase in revenue in Q1 while its order intake was also up.

Reach’s revenue grew by 4.4% year-on-year in the first four months of 2019, boosted by its acquisition last year of Northern & Shell’s publishing assets.

DS Smith said its financial performance has continued trading in line with its expectations and that it is anticipating group margins to progress further in the second half of its financial year...

Xerox has reported operating margin and earnings per share (EPS) growth in Q1 but its revenue fell by 9.4%.

DS Smith has agreed the proposed sale of two of its packaging businesses to International Paper for €63m (£54.7m).

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.

HH Global marked year-on-year growth in its latest quarterly results, with boosted print volumes a “fundamental” contributing factor.

DS Smith has sold its plastics division to US private equity firm Olympus Partners in a deal worth nearly £450m.

HP Inc’s printing revenue fell slightly year-on-year in Q1 after its supplies sales slowed.