Finance

St Ives sells Roche site
St Ives has sold the Cornish factory occupied by Wyndeham Roche to a property company for £4.2m, while the group’s share price has descended to a new all-time low.

MBO secures future for Lincoln printer
Three directors at Lincoln-based printer Elpeeko have ensured the continued operation of the 112-year-old firm by taking over the business through an MBO.

Kodak revenues slide but profits up in Q1
Kodak posted a net profit in the first quarter of 2017 of $7m (£5.4m), a $22m improvement on the same period last year, but sales were down 5%.

Growth continues for Communisis
Communisis has reported revenue and profit growth in its preliminary results for the 2016 calendar year with international business growing to 26% of group sales.

Prosper sale still pending as Kodak reports earnings
Kodak reported “a meaningful improvement in earnings” for 2016 as it pushed net earnings into the black with a $91m improvement to $16m (£13.1m).

Close Brothers launches digital finance initiative
Close Brothers Asset Finance has launched a new initiative to provide soft lending against digital print assets for UK SME printers.

Profits and turnover up for acquisitive Macfarlane Group
Packaging firm Macfarlane has reported increasing group sales and profits in its 2016 year-end preliminary results, despite a slow start to the year in some areas.

Antalis poised to float as parent hit by $138m court claim
Antalis and Arjowiggins parent Sequana has lost the latest round of its long-running High Court battle with BAT Industries and has filed for temporary creditor protection in France while it looks to...

Xerox revenue and profits down in first results since separation
Xerox has reported Q4 and full-year revenue and profit declines in its first financial results since the firm officially completed its separation from Business Process Outsourcing (BPO) business...
P-word dominates in 2016. Again.
Jo Francis looks back on another eventful year.