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ORAFOL PPF Gif Banner 8 Mar24

 

 

 

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$A6.5 billion revenue in 3 months but profits hit: Fujifilm update

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Industry giant Fujifilm Group recorded a 7.4% increase in revenue to ¥625.9 billion ($6.5 billion AUD) for the three months to June 30 as net income fell by 27% partly due to higher energy and raw materials costs.

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New Spicers/3M wrap hits the track in Queensland 

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 Zac Soutar in the new 3M-wrapped Spicers Australia Honda Civic finished 2nd in the Supercheap Auto TCR Australia Series at Queensland Raceway last weekend.

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38 contract terms in 11 Fujifilm small business contracts declared unfair and void

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In the Federal Court today, 12th August 2022, 38 contract terms entered into by Fujifilm Business Innovation Australia or Fujifilm Leasing Australia (together, called "Fuji" by the ACCC) with many thousands of small businesses were declared unfair and void, following court action by the ACCC commenced in 2020 when the firm was known as Fuji-Xerox. The unfair contracts, which Fujifilm has admitted, relate to the supply of printing equipment and software.

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ACCC opens brief submission period on IVE’s bid for Ovato

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The Australian Competition and Consumer Commission (ACCC) is calling for submissions on IVE Group’s proposed acquisition of Ovato - announced this week - and whether it’s likely to lessen competition. 

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Kornit Digital posts $19m loss in volatile Q2 market; CFO exits

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Textile printing technology manufacturer Kornit Digital recorded $58.1m in revenue for the second quarter to June 30, down from $81.7m pcp, with a GAAP net loss of $19.5m compared to net income of $5.6m in Q2 2021. The company announced that chief financial officer Alon Rozner is leaving for personal reasons and will be replaced by industry veteran Lauri Hanover.

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Video: Ball & Doggett’s PacPrint Sustainability forum

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Ball & Doggett released the video of its first sustainability event, held at PacPrint 2022 in Melbourne. SPEC22 – Sustainable Print Education Conversation – ‘Sustainability in Action’ featured a specialist panel including Mardi Brown, co-founder, PonyUp for Good; Charlton Hemingway, MD Work Works; Phillip Mariette, operations manager, The Real Media Collective; and Joe Foster, O F Packaging & Close the Loop Group CEO.

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Esko buys Canadian-based Tilia Labs

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Software developer Esko, a Danaher company, says acquisition of Ottawa software business Tilia Labs will enable Esko to better serve customers in packaging, label and wide format markets.

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Orafol Germany safeguards energy supply by adding LNG capacity

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Plastics and films manufacturer ORAFOL is making modifications to its main production site in Oranienburg, Germany, to run on liquefied natural gas (LNG). Current energy is supplied with Natural Gas, piped in, and supply of this has been restricted as a result of the current Ukraine conflict and other policy decisions.

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First AusSIP exhibit at Jobs Expo promotes Sign careers

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ASGA was well represented at Tuesday's Careers Expo in Sydney. With a prime spot near the entry, AusSIP ASGA Liason Managers John Watters and Tina Mavris fielded multiple enquiries from students and parents, with the main challenge explaining just what constitutes the Signage Industry and the real depth and breadth of it.

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Weaker Yen, increased sales help Mimaki present good Q1 result

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Mimaki has joined other Japanese wide format manufacturers in announcing good sales growth for the first quarter of 2022. 'China and Russia' affected the results but sales were still up 13.4% and operating profit up 10.3% over 2021's Q1. The forecast for the half and full financial years has been revised upwards accordingly.

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IVE Group launches bid for Ovato

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Print and marketing company IVE Group has told the ASX it has launched an ‘implementation deed’ to acquire its troubled competitor Ovato, which last month went into administration. The proposed deal would need ACCC clearance.

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Sydney's Allcraft Printing calls in liquidator

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Sydney digital and offset printer Allcraft Printing will be wound up after more than 25 years in business and a liquidator has been appointed.

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Kodak Q2 revenue up to $321m despite supply challenges

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Eastman Kodak Company reported a $US30m boost in revenue of $US321 million for the second quarter 2022, with net income of $20 million, compared with $16 million for Q2 2021.

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Eco Banner Mesh a ‘game-changer’ says Mesh Direct

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National signage company Mesh Direct says its new, fully recyclable Eco Banner Mesh can significantly reduce the construction industry’s impact on the environment. “We are excited to be offering this new product, the first of its kind (that we know about), in the Australian market.”

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Jet Tech VIC moves into a new larger HQ

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Supplier Jet Technologies is expanding into a new, substantially larger Victorian headquarters in Carrum Downs, 36 kms south-east of Melbourne’s CBD.

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  1. Domino-owner Brother Industries: sales up, profits down a little, print shines
  2. Fuji Xerox v Whittaker, EY & others back in Court next week
  3. ASGA partners with Integrate digital trade show
  4. Epson illuminates at EduTech 2022 in Melbourne
  5. ASGA adds Perth Expo as signage showcase
  6.  NAIDOC, women in sport, vegan girlfriends: Best of Outdoor
  7. Global Graphics wins patent on adding late data to PDF files
  8. Ricoh Q1 sales up 8% despite shortages
  9. Xerox confirms Steven Bandrowczak as CEO 
  10. New NASCAR wraps printed on Roland TrueVIS 
  11. HP MD Mike Boyle promoted to global head of Large Format
  12. OOH campaign to find thousands of missing Australians
  13. JCDecaux H1 revenue jumps 36% to €1.4 billion 
  14. Epson projectors light up Auckland Museum 
  15. Roland DG’s new global HQ to slash energy use by 75%

Subcategories

Outdoor Graphics, solvent & UV Article Count:  9988

Offcuts Article Count:  18

3D Printing News Article Count:  1

Forum Rules Article Count:  27

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