Hits: 2352

IVE Group reported $20.9 million in net profit for the first half of FY22, after a 12% increase in revenue to $382 million, despite uncertain conditions caused by Covid and supply chain challenges. IVE's recently acquired wide format businesses Active and AFI Branding are on track to generate $45 million a year in revenue.

Hits: 4628

Print giant says the business environment surrounding the company has changed "dramatically” since the Covid outbreak. In naming Toshimitsu Taiko as its new president and CEO, Konica Minolta said turning around its core businesses of office and production print was now “an urgent management issue.”

Hits: 1796

The first major industry event for two years kicks off today in Melbourne at the same venue as June's PacPrint. The Flexographic Label & Packaging Manufacturers Association has pulled out all stops to stage its twice-postponed Conference and Technical Forum over two days.

Hits: 2037

The Outdoor Media Association has released category breakdowns from its full year revenue results that were announced early this month - showing that digital (DOOH) revenue now accounts for 58.8% of net outdoor revenue.

Hits: 2658

Ovato's statutory profit for the half-year ended 31 December 2021 was $17.6m, up $27.3m compared to the prior year. Sales of $161.4m were down $75.2m pcp [or 31.8%] - with $55.3m of the reduction due to the sale of its marketing services and magazine distribution businesses and the closure of its letterbox distribution unit in Australia. 

Hits: 2749

Sydney-based packing and labelling specialist Luminar has expanded its digital printing operations with the installation of a Screen Truepress Jet L350UV Inkjet press, supplied through Jet Technologies.

Hits: 2083

Self-adhesive films manufacturer Hexis will feature its Hex’perience free online library of large format high definition printing or cutting patterns at PacPrint in Melbourne in June. 

Hits: 2301

Electronics For Imaging (EFI) has received two European Digital Press (EDP) Awards from the European graphics arts trade press, a technical awards program that recognizes innovative advancements in digital print production. 

Hits: 1985

Enfocus, a leader in PDF quality control, advanced PDF editing and workflow automation for the graphic arts industry, says a platform update for its popular BoardingPass includes white overprint support and allows customer-facing staff to instantly validate PDF files for print.

Hits: 2827

Taylor Print & Visual Impressions, part of the AUD$4.5 billion Taylor group, has been awarded a US patent for its X-1 SEG display system that makes changing the soft textile graphics quick and easy, thereby maximising ROI and future-proofing the portable display stand investment.

Hits: 4381

The liquidator, Shane Deane of Dye&Co, of failed Melbourne print group Waratah Group - the convoluted Group of several printers that went bust in March 2020 owing an estimated $22 million amid claims of corruption and backhanders - has lodged a wind-up application on Oakleigh, Vic family printer Genuine Print. With larger targets such as Australia Post, Spotlight Group and St Vincent's Hospital disputing phantom invoices, it appears that the liquidator is going for a 'soft' target.

Hits: 1789

Hits: 2243

For your calendar if you reside in NSW! Following the success of February's Melbourne event, trade association FESPA will host a similar event in Sydney during March.

Hits: 2178

Outdoor company oOh!media - owner of wide format business Cactus Imaging - says the continuing recovery in Out of Home audiences delivered an 18% lift in revenue to $504 million for the year ended 31 December 2021, with earnings before tax up 24% to $77.6m (compared to the prior year). Reported loss after tax was $10.3m, compared to loss of $36.2m in the prior year.

Hits: 1999

Following the success of the inaugural event, the US-based PRINTING United Alliance has announced dates for the second annual Wide-format Summit, taking place July 25-27, 2022, at the PGA National Resort in Palm Beach Gardens, Florida. The live event will focus on technologies including soft signage and production display graphics.

Hits: 2411

PrintIQ, the Queensland headquartered workflow cloud-software developer, has appointed a new North American operations manager and a new global sales director “to better serve clients throughout the US market as well as globally.”

Hits: 2432

oOh!media has become the official Out of Home media partner for the Sydney Gay and Lesbian Mardi Gras and Sydney WorldPride 2023, after signing an exclusive three-year partnership. oOh! has also extended its partnership with Qantas.

Hits: 2349

Mimaki Germany has loaned one of its TS300P-1800 textile printers to the Fogra Research Institute to assist with government-funded research aimed at improving colour standardisation in digital textile printing.

Hits: 2193

The nations of the Five Eyes alliance have stepped up efforts to prevent anti-competitive conduct in the supply and distribution of goods with a new partnership between Australian competition watchdog the ACCC, the US Department of Justice and Federal Bureau of Investigation (FBI), Canadian Competition Bureau, NZ Commerce Commission and UK Competition and Markets Authority.  

Hits: 4370

There has been a spate of employee fraud and embezzlement cases in recent months. The latest one concerns prominent Melbourne signage and outdoor company Civic Outdoor and its parent Civic Signs Pty Ltd. The Herald Sun reports that Leanne Quinn, a former National Sales Manager with Civic Outdoor faces 249 charges of theft.

Hits: 4360

Hot on the heels of Matthew Penforld's appointment as Chairman of franchise chain Kwik Kopy, former Snap Chief Growth Officer Sonia Shwabsky will move over to Kwik Kopy from March 14th.  Shwabsky was with Snap for just over three years. Snap is also without a CEO since the recent departure of Richard Thame.