Credit solutions company, Coface UK, has warned that the printing industry shows no sign of an upturn, although the paper and timber sector are now showing some indications of recovery. The warning came as the company issued its latest trade sector analysis, designed to heighten awareness of insolvency and non-payment risk among UK businesses.
The timber, paper and printing sectors had experienced a downturn in line with the economic slowdown. However, while the timber sector has experienced a renaissance over the last 12-18 months and there is some good news for paper manufacturers, the printing industry continues to suffer from the problems of high levels of debt, fierce competition and over-capacity.
