Jo Francis wonders what will happen next in the latest saga involving UK web offset printers.

Konica Minolta has downgraded its profit forecast for the year – and now expects to make an operating loss – and is also likely to breach one of its banking covenants.

Lecta has reported big increases in revenue and EBITDA but a pre-tax loss from continuing operations in 2021.

A hybrid mail tender worth close to £1m is currently open via the government’s Find a Tender service, with a couple of other large print related tenders also live.

Flint Group’s Commercial Publication Web (CPW) division has announced that it is introducing a monthly surcharge for web offset printers worldwide due to “hyperinflation” of ink costs.

Activist investor Carl Icahn has upped his stake in Xerox after its share price fell sharply last week.

Arc-UK Technologies has moved manufacturing from London to a modern new facility in Dartford where it plans to expand and push forward its ambitions to be carbon neutral.

The Communication Workers Union (CWU) has said over 115,000 postal workers may ballot for strike action if Royal Mail management do not negotiate a “no strings” pay rise by next week.

DS Smith is trading in line with management expectations during its second-half period.

Stora Enso has reported its highest quarterly EBIT in some 20 years and an all-time-high margin in its Q1 results.

ProPrint Group has taken on a bespoke Digicon Series 3 automated finishing line from AB Graphic International to enable it to provide an additional range of label finishing options.

Commercial printer Swallowtail Print has expanded its competitive range with a new Konica Minolta AccurioPress C12000 digital printer.