Commercial

A big increase in orders for special presses has boosted first-half results at Koenig & Bauer, with the order backlog at the manufacturer ‘extraordinarily high’ at more than €800m (£712m).

Ricoh has extended its portfolio with a new digital colour cut-sheet printer targeted at the corporate reprographics department (CRD), print rooms and other corporate, on-demand environments.

IG Design Group’s UK business has increased sales and profits following an organisational revamp and a move into the production of high-end paper bags for retailers.

Heidelberg has described ink as “the gold of digital printing” as it set out a €200m (£176m) sales target for its Primefire and Labelfire high-end inkjet presses.

Overmatter has been informed that quite a few people are apparently glued to the telly at the moment, gripped by the goings-on at a place called Love Island, where one of the industry’s very own (well...

David is 48, has spent 23 years in print, is married with two children and his hobbies include eating out and sport.

Sheetfed magazine specialist Pensord is investing over £3.3m in highly automated kit as it rolls out a future-proofing strategy at the business centred on profitable capacity.

Henry Stone had less than £1,000 in the bank when it went bust earlier this year, and left behind a total shortfall of almost £3.5m.

Kingswood iOptus has been acquired out of administration by Paragon Group after the 23-year-old business hit cashflow problems.

Heidelberg chief executive Rainer Hundsdörfer has described his €3bn turnover target as “increasingly within our grasp”, despite the group posting a drop in sales its preliminary results.