31 October 2013
Improvement in orders and output achieved - confidence high for a strong seasonal boost
The third quarter lived up to UK printer expectations according to the results of the latest BPIF Printing Outlook survey. More firms saw a pick up in demand rather than a fall with 31% benefiting from an increase in the volume of orders versus 15% that suffered a drop - the balance between ups and downs was the highest for 11 quarters and the best Q3 reading for nine years. The results mimic the forecast three months earlier and suggest that the UK printing industry is recovering in line with the general economy.
Summary of key findings:
- Orders and output rose as expected in Q3 2013 with further improvement anticipated.
- Sentiment improving as trading conditions pick up.
- Higher rate of capacity utilised with knock-on effect for lead times.
- Increased activity expected to boost employment levels.
- Cut-throat competition leads to further pressure on selling prices for some.
- Costs generally stabilised in the third quarter. Increases in energy prices are the main concern for Q4.
- Stable margins reported by the vast majority; but pressure remains to squeeze margins further.
- Pick up in the export market after weak Q2.
- More investment earmarked for training and innovation.
- Improvement in bank lending noted by some; but bad debt, late payment and extended payment terms on the rise.
Intergraf Economic News (Paper Prices) - March 2024
18 March 2024
Access the latest edition of the Economic Newsletter for the European Printing Industry for data on paper consumption, and pricing data for pulp, paper and recovered paper. Data for packaging papers and board is also available with this edition.
STUDY EXPOSES HIGH COST OF PHARMACIES PRINTING MEDICAL INFORMATION LEAFLETS
7 March 2024
Intergraf welcomes the release of a study by our partner MLPS (Medical Leaflet = Patient Safety), a subgroup of the European Carton Manufacturers Association (ECMA) shedding light on the potential economic costs associated with the proposed use of Print on Demand (PoD) leaflets in the pharmaceutical legislation revision.
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