Web offset

Koenig & Bauer’s supervisory board has revamped its leadership team in a move that sees the creation of a new main board role and the departure of CFO Mathias Dähn.

Press manufacturer Koenig & Bauer has described its core markets as “fundamentally intact” in year-end results that have understandably been overshadowed by the ongoing coronavirus crisis.

Pre-tax losses at YM Group have increased by almost £4.8m to £6.1m, but the group said it had subsequently made “good progress” with its three-year plan with a big increase in adjusted EBITDA.

Shares in Koenig & Bauer have fallen to a 52-week low after the manufacturer warned it would not hit its sales and profit targets for the year.

Walstead Southernprint will cease most of its operations at the end of the year, following closure talks that began in November.

Warners Midlands expects its new web press to be up and running early next year, with the printing units and dryer now in position at the firm’s brand new press hall.

Flint Group has announced that it is to increase prices of its offset inks across Europe.

Fashion retailer Asos has largely existed only in abstract cyberspace since its inception – one of the most recognisable brands to be truly online-only. But even Asos cannot deny the power of print,...

Polestar is planning to shut down one of the web presses at its Bicester plant.

The corrugated packaging sector will go from web offset to digital “very quickly”, according to HP EMEA’s most senior Graphics Solutions Business executive, who plans to start a switch-to-digital...