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Yamana Shoie Konica 22Konica's MPS
demand down

Print plunge hits US/Asia
Europe market recovers


Konica Minolta 
the $10Bn Japanese MPS/printer group published better results in Q4'23 It looks unlikely that it will resume an acquisition drive to compete with Xerox/HP's moves for the few large MPS providers remaining?

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redondo navigator 23 Navigator prices
hide volume hit

Paper & Pack'ng plunge
Tissue demand resilient


Portugal's Navigator Paper Company, the leading quality brand papermaker, reported inflated sales and profits in Q4'22 entirely from high 18%, but receding price increases. "Tissue volume demand proved resilient" reported ceo Antonio Redondo

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Schalke Walt suzano 22Suzano volume hit
huge inflation hikes

Big investments: Fossil free
pulp plant + KC Brazil mill


Suzano the Brazilian based pulp and paper producer, reported declining sales volume, primarily in exports saved by domestic demand. CEO Walter Schalke comments on a lower volume paper performance, boosted by +32% higher prices plus expansive investments in the Cerrado eco-pulp project...

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lynch mike autonomy shadyHP Fraudster
Lynch extradited

Autonomy founder faces
17charges on $11Bn acq


Mike Lynch,
the British software tycoon behind Autonomy, has been detained in the US to face multi-billion dollar fraud charges over the $11Bn takeover by negligent HP Inc., back in 2011. 

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bianco dino KPT thumb other250 0KP Tissue's roll
back weakens

Business market returns
boosted by price hikes


KP Tissue 
(ex-Kruger) the Canada based international brand tissue maker, recovered from a huge drop in demand in both consumer & business supply markets during Covid, boosted by high 20%+ price inflation. We analyse ceo Dino Bianco's opaque Q1'23 report

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Piourde Mario cascades brand 23Cascades Tissue,
Pkg volumes slow

Rationalizing Tissue plants.
Bear Island project runs 


Cascadesthe leading Canada based, tissue & packaging boardmaker reported inflation boosted results in Q1'23. CEO Mario Piourde's optimism has been fueled the growing strength of the containerboard business and the repositioning of tissue production facilities...

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Kapel Marcovici Danielle Raja thumb medium300 0Raja Group races

towards $2B sales 

Doubled up pkg capacity
Viking flat, now in profits


European packaging giant Raja Group acquired Viking from vulture capitalist Aurelius in Nov'21, projected a +50% sales increase in 2022, boosted by acquisitions and inflation. Enterprising CEO Daniele Kapel-Marcovici continued to invest in logistics, digitization to maximize the customer service experience. We analyse flat real volume results for 2022...

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Binnie Steve Sappi 22 thumb medium300 0Sappi sales sink;

price hikes abate

Packaging+paper volumes
decline cause profit plunge


Sappi, the South African based international paper and packaging maker, reported plunging sales volumes. Whilst acknowledging the business is under pressure, CEO Steve Binnie's minimalistic commentary said little about restoring packaging power, which is just not happening?

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OD sinking ship300Drowning Depot's
desperate disaster

'Bizarro' Smith's delusional
dialogue disguises demise


Beleaguered bigbox ODP Corp (aka-Office Depot-Office Max) reported another disguised -18% volume decline in Q1'23; -50% down on pre Covid 'norm' Q1'20; and down $5Bn since 2017. We analyse ceo Gerry 'Bizarro' Smith's deceptive report; the hollow and vague Varis & Veyer diversions, plus his verbose BS commentary, including the faux Q&A analysts session with only one anayst in attendance!?. Updated

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Holm Georgr PFG face 23PFG-Vistar: food

service normalizes

Price hikes feed market
share gains in restaurants


Performance Food Group 
inc Vistar, the leading US food & beverage services wholesaler reported a steady sales increase in Q3'23 as businesses & restaurants returned to 'normal'. CEO George Holm commented on market share gains and the resilience of the independent restaurant market. 

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