European and North American reseller Takkt has revised its FY 2023 earnings guidance downwards after admitting that third quarter sales and earnings will be below expectations. Based on preliminary figures for the three months to the end of September 2023, the company generated sales of €313.4 million ($330 million) and EBITDA of $30.2 million. Those
Nordics business products reseller Wulff has lowered its sales and earnings guidance for 2023. The Finland-based group – which recently sold its direct business in Sweden – has said it now expects its revenue and comparable operating profit for the year to “decrease clearly” from 2022. The company had previously said both figures were set
Staples Canada has a new leader at its Professional division. The reseller has named Chris Saniga as Chief B2B Officer. In this role, he will be responsible for leading Staples’ B2B businesses, including Staples Professional and new acquisitions Supreme Office Supplies, Denis, Beatties and Monarch. Saniga has a strong digital background, including almost nine years
The 2022 results of Lyreco UK – recently filed at Companies House – show strong double-digit top-line growth. In the 12 months to 31 December 2022, the reseller generated revenue of £279.1 million, almost 20% higher than in 2021, as it noted a slow recovery in the economy from the impact of COVID-19. Unsurprisingly, the
UK business products group EVO has announced a new refinancing package as well as further investment from Endless, its main shareholder. The company has entered into a new three-year £90 million ($110 million) funding arrangement with Leumi ABL and Close Brothers. This replaces the existing facilities – which were due to expire in December 2023