Finance

KBA Q1 figures hit by postponed orders
KBA has posted Q1 pre-tax losses of 18.8m (2012: - 0.4m) citing postponed orders and weak quarterly sales.

De Schutter in management buyout
The management team of Belgian pre-press group De Schutter Neroc (DSN) has concluded an MBO for an undisclosed sum and is eyeing growth across the UK.

Report urges gov't to improve support for micro-businesses
Lord Young's latest report on boosting UK business calls for the abolition of PQQs on public sector contracts worth less than 200,000 and the removal of the Start-Up Loan scheme's age cap.

Johnston Press achieves first profit uplift for seven years
In an interim management statement, Johnston Press reported an increase in operating profit for the first time in seven years for the 18 weeks to 4 May 2013.

Forum targets printers with free credit control package
The Forum of Private Business (FPB) has created a guide to help businesses tackle late payment and access to finance problems, which it is pitching first at printers.

Heidelberg on track with profit plan
Heidelberg has more than halved its losses, and has made a big improvement to profitability at an operating level.

EFG lending improves
New government figures have revealed that lending to SMEs through its Enterprise Finance Guarantee (EFG) scheme is showing improvement.

SMEs still gloomy on credit and cash flow
Almost a quarter of recent overdraft pleas from small- and medium-sized enterprises (SMEs) from across sectors fell on deaf ears, new figures reveal.

Walstead wins praise for profitable progress
Walstead Investments has posted maiden profits, with chairman Mark Scanlon hailing "excellent progress" in 2012 following extensive restructuring at the business.

Late payment inquiry reveals plight of SMEs
Business organisations have given evidence at a parliamentary inquiry into the practice of late payment and its impact on UK SMEs.