Business

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. 

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

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

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

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

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

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

Software Circle grows health and social care offering

Software Circle has added to its growing family of niche software businesses with another buy.

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 –...

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...