Growth In Print Industry
There has been a considerable fight within the printing industry and different companies are striving for number 01 place.
Kyle Jardine, BPIF research manager, comments on the report: “Confidence in the general state of trade in the printing industry has taken a knock that it hasn’t yet recovered from. Whilst companies have reported some improvement in their output and orders, there is less confidence for the wider industry.
BPIF’s latest Printing Outlook survey
BPIF chief executive Charles Jarrold adds: “The Q2 report, in the immediate aftermath of the EU referendum, showed that confidence levels in 2016 have been lower than in recent years. There has been little improvement in Q3 – though a boost in Q4 is expected to lift confidence.”
“The print industry has shown a tremendous level of resilience and innovation; the climate is tough yet over half of respondents to Printing Outlook report that their own businesses are expanding. The industry is showing that it can be successful despite the numerous challenges thrown our way.
“The print industry has shown a tremendous level of resilience and innovation; the climate is tough yet over half of respondents to Printing Outlook report that their own businesses are expanding. The industry is showing that it can be successful despite the numerous challenges thrown our way.”
The industry is highly experienced in managing its costs carefully and that experience will be valuable as businesses face some difficult choices”
“Paper and board price rises – resulting from the devaluation in sterling that has been stimulated by the Brexit outcome in the EU referendum – is the latest challenge the industry is facing; it is not a new one. Some companies will be protected, to some degree, by their ability to target export markets; others may have paper price adjustments written in to some of their supplier contracts.
“However, many will have a decision to make about whether or not they can pass cost increases on in higher prices, afford to take the hit in their margins or look to mitigate cost increases through their purchasing or through efficiencies elsewhere in their business.
“The industry is highly experienced in managing its costs carefully and that experience will be valuable as businesses face some difficult choices.”
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Growth In Print Industry
By Hammad Arshad
There has been a considerable fight within the printing industry and different companies are striving for number 01 place.
Kyle Jardine, BPIF research manager, comments on the report: “Confidence in the general state of trade in the printing industry has taken a knock that it hasn’t yet recovered from. Whilst companies have reported some improvement in their output and orders, there is less confidence for the wider industry.
BPIF’s latest Printing Outlook survey
BPIF chief executive Charles Jarrold adds: “The Q2 report, in the immediate aftermath of the EU referendum, showed that confidence levels in 2016 have been lower than in recent years. There has been little improvement in Q3 – though a boost in Q4 is expected to lift confidence.”
“The print industry has shown a tremendous level of resilience and innovation; the climate is tough yet over half of respondents to Printing Outlook report that their own businesses are expanding. The industry is showing that it can be successful despite the numerous challenges thrown our way.
“The print industry has shown a tremendous level of resilience and innovation; the climate is tough yet over half of respondents to Printing Outlook report that their own businesses are expanding. The industry is showing that it can be successful despite the numerous challenges thrown our way.”
The industry is highly experienced in managing its costs carefully and that experience will be valuable as businesses face some difficult choices”
“Paper and board price rises – resulting from the devaluation in sterling that has been stimulated by the Brexit outcome in the EU referendum – is the latest challenge the industry is facing; it is not a new one. Some companies will be protected, to some degree, by their ability to target export markets; others may have paper price adjustments written in to some of their supplier contracts.
“However, many will have a decision to make about whether or not they can pass cost increases on in higher prices, afford to take the hit in their margins or look to mitigate cost increases through their purchasing or through efficiencies elsewhere in their business.
“The industry is highly experienced in managing its costs carefully and that experience will be valuable as businesses face some difficult choices.”
