Printers’ volumes and margins will be better in spring 2008 than they were in spring 2007, according to the BPIF’s Directions industry trends survey.

Results suggest this is due to efficiency gains and, in some instances, volumes being won from failing firms. The research also highlights that, although more respondents are raising prices rather than cutting them, severe price-cutting, to either win market share or to fill new capacity, has re-emerged. 

In addition, the survey reported its first negative balance (-2) for capital expenditure on plant and machinery since 2006.