Finance

Paperlinx blames European closures for A$266m statutory loss

The loss posted in the paper merchant's 2011/2012 financial report was almost double the anticipated amount of A$171m predicted by the Paperlinx board prior to the publication of its annual review in...

Kodak to sell personalised and document imaging businesses

Kodak has announced that it will focus on commercial, packaging and functional printing activities as part of its 'successful emergence from Chapter 11 reorganisation'.

Xeikon blames 'Drupa effect' for 10m drop in first half revenues

Xeikon has cited the 'Drupa effect' for a 1.1m (874,000) year-on-year decline in net profit and a 1.9m fall in pre-tax profit during the six months to June 2012.

Global press marketing budgets continue steady decline

Printed marketing spend declined globally again in August while digital budget allocations recorded rapid growth, new figures reveal.

Heidelberg blow struck Ipex hard, but the show goes on

As hard as I try, it's difficult to put a positive spin on Heidelberg's decision to withdraw from Ipex.

Cost of green policies is putting UK at global disadvantage

According to a new report, ever-increasing power prices are attributable to the UK's climate change policies and are likely to stymie recovery

Confused energy strategy is hobbling UK manufacturing

The recently published BIS report on future electricity costs for energy intensive industries (EIIs) only reinforces the view that many have held for some time - that current costs are higher here...

Government urged to find new way of financing SMEs

Fewer than one in 10 firms who have applied for credit over the past year secured amount the requested amount, according to research by Bibby Financial Services.

Johnston Press sees mobile visitors double as newspaper sales fall

Johnston Press saw the number of monthly visits to its mobile platforms increase by 100% in the six months to 30 June, although it posted declines in group turnover and operating and pre-tax profits.

Seneca Investments backs third Yorkshire printer

Intoprint UK is the latest North East printer to attract funding from a turnaround fund that invests in SMEs to boost their profit and capacity.

News Corp posts $1.6bn loss as NOTW costs soar

The multi-billion dollar costs of the investigation into the closure of the <i>News of the World</i> (NOTW) last July have restricted financial growth at News Corporation.

Guardian Media Group records 76m operating loss

Guardian Media Group's (GMG) accounts for the year ending 1 April 2012 reveal pre-tax losses of 75.6m, a stark contrast to the pre-tax profit of 9m recorded a year earlier.