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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.”
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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.
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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.
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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.
- More employee theft: former Civic Outdoor executive charged in $200,000 rort
- Sonia Shwabsky joins Kwik Kopy as CEO
- Ricoh launches Its first plant-based inkjet ink
- Triple EDM Awards for Zünd automated cutting tools
- Success of African Sign Expo is a boost for PacPrint/Visual Impact
- Covid claims Signex – liquidators appointed
- CMYKhub to showcase Design Desk at PacPrint
- Kornit Digital reports record Q4 & full-year results
- swissQprint Nyala 4 flatbed printer wins EDP award
- ASGA switches the venue of its AGM
- NUtec Digital Ink expands its eco-solvent range
- Roland DG to host free Connect webinar
- Three years prison for dishonest former RollerPoster liquidator – ASIC
- Mutoh's VerteLith RIP scores EDP best Workflow Technologies Award
- Plastic recycled from the ocean is turned into signage
