Stricken wide-format supplies business Starleaton has finally been placed into liquidation, with the company not making any of its $33,000 a month payments – required under its DOCA – for the past three months. Read more
Heatset print giant Ovato suffered a $130m hit on its sales revenue in the 2019-2020 financial year. Its EBITDA shrank by 70 per cent as Covid ripped through its clients, leaving the heatset giant looking at further restructuring, beginning with tearing up its EBA.
The independent McPherson Media Group is aiming to buy Australian Community Media’s Albury Wodonga print plant, as the nation’s newspaper printing continues to consolidate.
Two of the world’s biggest paper producers are closing mills, taking out 2 million tonnes of publication paper capacity between them, citing declining demand.
The Patrons Panel – the inaugural webinar of the refreshed Women in Print network – was oversubscribed and well received by all attendees, delivering a strong message around the importance of community and support in the current Covid-19 crisis.
The offset solutions division at imaging giant Agfa fell by a 25 per cent in the Covid quarter (April-June), while sales in the digital print and chemicals division fell by even more.
Press manufacturing giant Heidelberg is launching a new printing industry platform called Zaikio that it hopes will become universal and is inviting other developers to invest in the project.
Commercial operation Satellite Print is moving into the B2 market with a newly installed HP Indigo 10000 Digital Press, supplied by Currie Group, coming into the business. The press is part of the biggest-ever investment package for the company, with new Horizon finishing equipment also being installed.
Revenue at outdoor advertising host – and Cactus Imaging owner – oOh! Media plunged by a third in the first half, as clients pulled in their marketing spend while commuters stayed at home, resulting in a $27.5m net loss.
The first event for the newly relaunched Women in Print group is taking place this afternoon (Thursday), with registration free and available for the nationwide webinar.
Celmac NSW state manager Jonny Rumney has just achieved Fogra DPP (Digital Print Partner) certification, making him one of only two people in Australia and New Zealand that can help Fogra certify a business for the PSD (Process Standard Digital) certification.
The Covid-19 crisis saw diversified marketing services group and heatset print giant IVE take a 6.6 per cent hit on EBITDA, on revenue down by 4.4 per cent to $691.5m, with NPAT coming in at $32.6m for the 2019-20 financial year. The results were ahead of industry expectations, and those of analysts, with the IVE share price gaining an eight per cent uptick.
Imagination Graphics has fired up its new Konica Minolta AccurioJet KM-1, the company’s B2 inkjet sheetfed printer, with the first sheets coming off the press six months after the company was flooded out.
Canon is launching the new ProStream 1800 continuous feed inkjet printer, aimed squarely at commercial printers that it wants to switch from offset to digital.
The prestigious Asia Pacific and Japan HP Digital Print Excellence Awards is back with a new name: HP Inkspiration Awards 2021, two new categories covering Covid print, and are now open to entries
Women in Print is settling into its new home, with the organisation announcing a date for its first Patron Panel event, a webinar discussion with the Patrons from each state, which will be held on Thursday afternoon.
Packaging giant Orora took a Covid hit, posting lacklustre results for the 2020 financial year results with decreases in nearly all financial metrics, in stark contrast to last year's performance.