Thursday, 27 February, 2020

UPM reports accelerating fall in demand

Paper giant UPM has said the slow economic environment in 2019 contributed to demand for communication papers declining at a…

Xerox readying for HP integration

Xerox is already planning for the integration of HP, the company said in its full-year earnings presentation yesterday. “As part…

Canon reports accelerated declines

Canon said it saw accelerated contraction in the laser printer market in 2019. In its Office division, the OEM reported…

Office and stationery sales stall at 3M

3M has reported flat sales on an organic basis at its Stationery and Office division for Q4 2019. The unit…

Travel boost for WH Smith as retail sales drop

UK-based retailer WH Smith has issued a trading update for the 20-week period to 18 January 2020. The company said…

Good year for Essity’s B2B division

Essity’s Professional Hygiene business – which includes the Tork brand – has reported organic sales and profit growth for 2019.…

Record quarter for Logitech

Logitech’s quarterly sales topped the $900 million mark for the first time in the company’s history. The tech supplier’s Q3…

B2B progress for Askul

Japanese business products reseller Askul has reported a steady increase in sales and profits in its B2B division for the…

Mixed quarter for Manutan

European MRO and business supplies reseller Manutan reported relatively flat like-for-like sales for the first quarter of its 2020 financial…

Positive year for Ryman

UK office supplies and stationery retailer Ryman has reported revenue and earnings increases for the 12 months ending 30 March…

Better Capital gives SPOT update

UK private equity firm Better Capital published its interim results at the end of December, providing an update on the…

Herman Miller Q2 below expectations

Softer-than-expected order patterns led to Herman Miller’s second quarter sales coming in below expectations, CEO Andi Owen admitted yesterday. Speaking…

Steelcase impresses in Q3

Workplace furniture leader Steelcase reported a strong set of results in its third quarter and remains optimistic for its prospects…

Record sales for Cintas

US workplace apparel, facility supplies, first aid and safety reseller Cintas has reported strong sales for Q2 2020. Sales for…

Good year for Rapesco

UK-based office products supplier Rapesco has just released its full-year accounts for the 12 months to 31 May 2019. Following…

Sales and earnings up at Manutan

European workplace supplies reseller Manutan has released an overview of its full-year results, with improvements to both the top and…

HP focuses on business

HP Inc declined to comment on the hostile takeover move by Xerox during yesterday’s quarterly earnings conference call. At the…

Online sales jump at Best Buy

Consumer electronics retailer reported a 15% increase in its US online sales in the third quarter. Best Buy’s e-commerce sales…

Schwan-Stabilo highlights “market turmoil”

The Schwan-Stabilo group – which includes the Stabilo Writing Instruments division – has said that “global market turmoil” affected its…

Sales steady at Tech Data

Technology distributor Tech Data has reported flat currency-adjusted sales in the third quarter. The company’s revenue in the three months…

Big Read

HP to hold talks with Xerox

The chances of HP Inc acquiring Xerox went up by a couple of notches following yesterday’s highly anticipated Q1 earnings…