Business
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Under the hood of last month’s most-read stories
While tribulations at two of the UK’s largest print groups topped last month’s ranking of our biggest stories, there were still reasons to be cheerful with a smattering of ramp-ups and start-ups.
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Reach 'expertly managing print performance'
Reach has cut operating costs by 9% including an £11m reduction in its newsprint bill, and with headcount down 14% as part of the restructuring announced at the end of last year.
![Sirane is headquartered in Telford. Image: Google Maps](/media/olgpd4qx/sirane.jpg?width=525&height=525&bgcolor=White&v=1daff8c9f16d930)
Future secured at Sirane following Coppice Alupack deal
Food packaging group Coppice Alupack has stepped in to buy Sirane following the latter's fall into administration a fortnight ago. It plans to rehire 70-80% of the company’s workforce.
![The fire at Houstoun Industrial Estate. Image Celtic Lass on X](/media/btnfawm2/houstoun-industrial-estate-fire-29072024-image-celtic-lass-on-x.png?width=525&height=525&bgcolor=White&v=1dae276ce4270d0)
Major blaze causes disruption at industrial estate
A packaging company had to evacuate its premises after a huge fire at a nearby business.
![Evri plans to take on 8,000 additional couriers](/media/xuzbilwq/evri-editorial-only.jpeg?width=525&height=525&bgcolor=White&v=1dae2712dfeb520)
Evri lays out expansion plans post-acquisition
Courier firm Evri has laid out plans to hire 9,000 staff across the UK in an ambitious expansion plan following a multi-billion pound takeover by private equity firm Apollo Global Management.
![Flow Group employs 29 staff across its five brands](/media/hpebxfeq/flow.jpg?rxy=0.625272125585211,0.4688877239916962&width=525&height=525&bgcolor=White&v=1dab80bddc6df40)
Flow Group launches “five-minute” leaflet web-to-doorstep service
West Yorkshire mailing and print marketing company The Flow Group has launched a new web-based leaflet distribution portal that allows customers to create a mailed leaflet campaign in just five...
![Stora Enso CEO Hans Sohlström gave a video update on the results. Image: Stora Enso](/media/vpofir0n/stora-enso-hans-ceo.png?rxy=0.4960985125579127,0.3555440933556925&width=525&height=525&bgcolor=White&v=1dadf561d694270)
Stora Enso sharpens profits in H1, appoints new CFO
Finnish paper giant Stora Enso’s H1 2024 results reveal a cautiously optimistic outlook, as the company sharpens its profit margins and reduces its exposure to leverage risks.
![Software Circle: focus is on software businesses in specialist verticals](/media/qyhfhnqu/software-circle.png?rxy=0.2980219538180374,0.38323895954065446&width=525&height=525&bgcolor=White&v=1db47089fe3ab90)
Software Circle grows health and social care offering
Software Circle has added to its growing family of niche software businesses with another buy.
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New Heidelberg CEO sets out ambitions for growth
Fresh Heidelberg CEO Jürgen Otto has outlined his three priorities for growth at the manufacturer – including doing more to leverage its manufacturing know-how and global sales and service network –...
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Koenig & Bauer confirms operational guidance; reveals more about ‘Spotlight’ programme
Koenig & Bauer has confirmed that its operating earnings will reach the lower end of the forecast range of €25m (£21m) to €40m in 2024 and that it will achieve its revenue target of around €1.3bn...