Sunday, 23 February, 2020

Same-store sales fall at OfficeMate

Thailand’s leading office supplies reseller OfficeMate reported a 2.4% decrease in same-store sales from its 75 outlets during the third…

Acquisitions drive Exertis earnings growth

Adjusted operating profit at DCC Technology – which trades as Exertis – grew by around 40% in the six months…

Zagg keeps mum on takeover speculation

The CEO of mobile accessories vendor Zagg has declined to comment on the company’s ongoing strategic review. Chris Ahern told…

Office products sales slip at LSC

US-based group LSC Communications has reported a double-digit drop in Q3 sales at its Office Products division. Third quarter revenue…

Margins improve at Office Depot

Office Depot Inc has reported a double-digit increase in adjusted Q3 operating profit and EBITDA despite a 4% drop in…

Steep declines at Veritiv

North American distribution company Veritiv has reported double-digit declines in both sales and earnings in the third quarter. Veritiv achieved…

Healthcare drives Kimball’s Q1 sales

Workplace furniture vendor Kimball has reported strong double-digit growth in the healthcare vertical as organic company sales edged up by…

ACCO moving production to mitigate tariffs

ACCO Brands has been reducing its exposure to Chinese manufacturing as it tries to navigate the impact of tariffs on…

Loss narrows at National Pen

Promotional products giant National Pen has posted an improved set of year-on-year Q1 results, but still reported a loss in…

Stable Q3 for Newell Writing division

Sales for the Learning & Development segment, which includes the Writing division of Newell Brands, dropped slightly in Q3 2019. …

IP paper sales and profits dip

International Paper’s Printing Papers division has reported a drop in Q3 sales and profits compared with the same quarter last…

Navigator reports resilient performance

The Navigator Company has said its paper business is showing resilience in an adverse market environment. The Portugal-based manufacturer said…

Antalis reports deteriorating market conditions

Distribution group Antalis has said that volumes in the European paper market declined by 8% in the first nine months…

Domtar reduces production to match demand

North American paper manufacturer Domtar took around 125,000 tons of market-related downtime in the third quarter as conditions in the…

Amazon continues with massive delivery investments

Amazon is set to spend $1.5 billion in the fourth quarter on its Prime One Day shipping programme. Following the…

Good growth for Essity’s B2B business

Good growth for Essity’s B2B business Professional Hygiene sales at global jan/san supplies provider Essity – owner of the Tork…

Paper profit up at PCA

Q3 EBITDA at Packaging Corporation of America’s (PCA) Paper division – which includes Boise – jumped by more than 30%…

Supplies business stabilising, says HNI

HON and Allsteel brand owner HNI has said its office furniture supplies-driven business should grow in the double digits in…

Takkt to cut costs after weak Q3

European and North American business supplies reseller Takkt has said it will carry out “structural cost adjustments” in the fourth…

Stationery and Office sales fall at 3M

Q3 reported sales at 3M’s Stationery and Office business group declined by around 1.6% year on year. The unit achieved…

Big Read

Analysis: Inside ACCO’s FY results

The double-digit jump in ACCO’s share price on Wednesday came as the company’s Q4 results beat Wall Street sales and…