Wednesday, 19 December, 2018
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Financial Results

Rapesco reports strong sales

UK office products manufacturer Rapesco has delivered double-digit sales growth for FY2018. For the 12 months ended 31 May 2018,…

Better Capital provides SPOT update

UK-based private equity firm Better Capital has said that its Spicers/OfficeTeam (SPOT) investment is trading “well below” its budgeted EBITDA…

Print strategy boots HP Inc sales

A solid performance in HP Inc’s Printing business following strategic investments contributed to another quarter of growth for the company.…

Tech Data cloud investments pay off

Expenditure in cloud-based technologies has generated positive results for US IT distributor Tech Data. The company has recently made several…

Coffee sales fall at JM Smucker

US beverages and snacks vendor JM Smucker reported a decline in coffee sales for the second quarter. Q2 2019 coffee…

Record highlighter sales for Stabilo

Writing instruments manufacturer Stabilo reported growth of 5% in its Writing Instruments category for the year ended 30 June 2018.…

Best Buy exceeds expectations

Global consumer electronics chain Best Buy has reported another quarter of better-than-expected results. Q3 2019 sales were up 4.3% to…

Compass simplifies portfolio

UK-based facilities services and catering provider Compass Group has said it will continue to refocus its business offerings in 2019.…

Solid Q4 for Sappi

South Africa-based paper group Sappi reported Q4 2018 growth in its printing and writing papers division. Sales of printing and…

Acquisition drives SOS growth

Jamaica-based Stationery and Office Supplies (SOS) has reported double-digit sales and profit growth for Q3 2018. Sales were up 21%…

Further sales declines at ADVEO

Troubled European office products and stationery wholesaler ADVEO has, as expected, reported a decline in sales for its third quarter.…

Bong secures new financing

European envelope and packaging manufacturer Bong has secured financing for the next three years. The company said the funding will…

Double-digit growth for Exertis

European IT wholesaler DCC Technology, which operates as Exertis, has reported a solid H1 2019. For the six months ended…

Depot turnaround still a work in progress

Office Depot’s third quarter earnings results this week certainly caught the eye of Wall Street and the US media as…

School Specialty reports shipping delays

Educational supplies reseller School Specialty has reported that shipping delays from staffing issues in its peak back-to-school season impacted sales…

Improved performance for Warehouse Stationery

New-Zealand-based retailer Warehouse Stationery has recovered from last year’s systems disruptions with a solid start to its 2019 financial year.…

Walmart partners with Microsoft | ARC sales grow | Iconex expands in Europe

US-based print services provider ARC Document Solutions has reported 4.1% growth in Q3 2018 sales to $100.5 million, while adjusted…

Keurig Dr Pepper merger pays off

Coffee and beverages manufacturer Keurig Green Mountain has said the acquisition of Dr Pepper Snapple Group has doubled sales in the…

Office Depot reports BSD growth

Office Depot Inc says its Business Services Division (BSD) grew organically in the third quarter. In the company’s Q3 earnings…

Polycom doubles Plantronics sales

Personal audio communications manufacturer Plantronics has said its Q2 2019 sales more than doubled due to the impact of the…

Big read

Tariff relief for OP industry?

Despite an apparent 90-day ceasefire on the trade war between the US and China, uncertainty still reigns. Scheduled to be…