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14 Nov 23

Updated: 20 Nov 23

 Exertis exerted in
 weak tech market

Supply shortages abate
US performing strongly

International IT-OP distributor Exertis' parent DCC Group released its Half Year 2024 results to 30Sep'23. Chief Tim Griffin reported declining sales in a weaker WFH/hybrid/RTO working market. He commented on strong Energy division and slow IT and Healthcare demand impacting results 

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13 Nov 23

Updated: 15 Nov 23

Energizer losing
big battery power

Double-digit volume drop
offset by hi-price inflation

Energizer the personal care & battery supplier to businesses, lost major market share in Q4'23 after a strong recovery during the WFH/Hybrid slowdown It also performed poorly in autocare with large volume falls offset partly by high price increases. Report analysis here

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14 Nov 23

Updated: 15 Nov 23

Aramark advance
back to normal?

Vestis uniforms spun-off
New FM services contracts

Aramark the $16Bn business services provider in Food, FM & uniforms reported a powerhful recovery from depressed revenues during the Covid lockdown. CEO John Zillmer's plans to "elevate the hospitality culture" and transform customer orientation are underway. Report analysis here

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13 Nov 23

Updated: 13 Nov 23

Midwich M&A rolls
up DACH AV distie 

Int'l expansion offsets
slow UK volume growth

International AV specialist distributor Midwich confirmed its latest acquisition in the AV market by adding a German distributor. CEO Stephen Fenby  was delighted to strengthen its technology offering in the DACH region.

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10 Nov 23

Updated: 13 Nov 23

IT distie market
down, bottoming

IDC reports software
& networking strong

IT market researcher IDC reports that US PC demand continued to decline in Q3'23. The analyst said ithat distributors' software demand was down slightly, but networking infrastruture spending rose strongly. .This chimes with outlooks provided by Microsoft & Cisco but not VAR/distributors Synnex & Compucenter?

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9 Nov 23

Updated: 13 Nov 23

Sylvamo slides
as market drops

CEO distracts attention 
from secular paper decline

Top international packaging maker International Paper, spun off its papermaking unit in Oct'21, now renamed Sylvamo. ceo Jean-Michel Ribiéras' 
opaque report distracted from declining volumes and seems in denial of the continued slide in paper communications 

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7 Nov 23

Updated: 17 Nov 23

Unstoppable Uber 
drives $140B revs

'Eats' delivery 47% gross
revenues. Now profitable!

 Uber, the hugely popular international taxi & delivery service continued its impressive growth in Q3'23 to take annual gross revenues past $140Bn. Its $111Bn market capitalisation is now 70% higher than FedEx fuelled by tremendous growth in the mobility business. 

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31 Oct 23

Updated: 9 Nov 23

Foodservice fights
rematch & recover

#1 Sysco & #2 USFoods 
volume growth normalizes 

Foodservice supply leaders to business & restaurants #1 Sysco and #2 USFoods reported solid volume recoveries and flattening inflation.  Both ceo's were happy with the return to 'normalized' markets and programs to regenerate growth. The big food market fight returns...Sysco and US Foods freport analysis complete

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9 Nov 23

Updated: 10 Nov 23

Has music stopped
at once mighty 3M?

CEO Roman pressurized
by multi-$Bn penalties 

Details

9 Nov 23

Updated: 9 Nov 23

Cascades tissue
volumes g r o w

Packaging sales weaker. 
Bear Island Mill progress

Cascades the leading Canada based, tissue & packaging boardmaker reported stronger sales in Q2'23. CEO Mario Piourde remains optimistic habout prospects and investments  in containerboard business and the repositioning of tissue production facilities...