Commercial

After a tumultuous six months, print giant Ovato saw its sales revenue diminish by $92.8m or 28.2 per cent in the half year to December, but the company stemmed its losses - which ran to $58m last time - to end the period $9.7m in the red after significant items.

Holistic marketing services group IVE says it is on course to achieve its forecast $100m full year EBITDA, after releasing “solid” half year results on sales that slipped 3.2 per cent, with the company reinstating its interim dividend.

Trade outfit Industrial Print Co has found its niche as one of the country's biggest business forms printers. Clients come from far and wide, and include the biggest and smallest names in print. General manager Steve Scott talks to Print21 editor Wayne Robinson.

In what the region’s largest industry supplier Currie Group describes as a milestone decision, it has parted ways with its long-time sales and marketing director Phillip Rennell.

Martin O’Brien Formes, which specialises in die cutting forme production, as well as general manufacturing, is expanding, moving into a new 2800sqm factory, and investing in new production technology.

Sheetfed offset press manufacturer, RMGT (formerly Ryobi), is partnering with GEW and using its LeoLED system as its factory-fitted UV curing solution for new sheetfed presses, with immediate effect.

Launching today, Canva, the world’s fastest growing design platform, and Snap Print & Design, Australia’s largest print franchise network, have joined forces to create a digital design-to-print solution.

TMA Group of Companies says it has become the largest independent print manager in the land of the long white cloud, by taking 100 per cent ownership of True North New Zealand. The True North brand will remain.

Online print giant Vistaprint is producing personalised printed face masks, in what it says is a global effort to normalise mask-wearing, while celebrating design and allowing for personal and creative expression.

Entries are open for another month in the prestigious Asia Pacific and Japan HP Inkspiration Awards 2021, with two new categories covering Covid print, and which are open to all HP Indigo users.

Retail giant Kmart is halting print production of its catalogues, becoming the latest shopping giant to exit print, in what is now a growing, and for the print industry, concerning trend.

Press giant Heidelberg has sold its landmark Print Media Academy, the dazzling former headquarters located directly outside the railway station in the centre of town, as it continues to offload assets.

Part of one of Australia's biggest print jobs will be put on pause from this week, as supermarket giant Woolworths halts its catalogue printing for at least 12 weeks in areas where it has higher digital engagement. Ovato will still be printing 5.5 million copies a week.

Fuji Xerox Australia has had global Fogra PSD certification for digital colour printing awarded to 11 of its analysts, who are based throughout the major cities in Australia.

Print giant Ovato is on the final stage of its restructuring journey today, it is in court seeking approval for its scheme to rescue the business, with all conditions now met.


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Queensland commercial and trade NCR operation Nichols Printing has invested in a new Horizon 200L bookletmaker, with two VAC-1000 collating towers, supplied by Currie Group.