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oOh! cuts losses, revenue up 18% as audiences rebound 

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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2nd annual Wide-format Summit set for July in Florida

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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ACCC joins global investigation of price fixing in supply chains

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.  

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Sonia Shwabsky joins Kwik Kopy as CEO

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.

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Triple EDM Awards for Zünd automated cutting tools

Swiss precision engineering company, Zünd - distributed in Australia by Starleaton - has received EDP awards for no less than three of its software tools. The jury declared PrimeCenter the "Best Workflow Solution" while the Pick&Place Interface Option and the Visualizing Option are recognized as "Best in Robotics" and "Best Print Support Tool" respectively.

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Success of African Sign Expo is a boost for PacPrint/Visual Impact

Our friends across the Indian Ocean who publish Sign Africa report a successful Sign Africa Bloemfontein Expo held last week. Africa tends to run smaller shows more frequently in regional areas and will host Sign Expos in Cape Town, Durban and Johannesburg later in 2022. Like PacPrint/Visual Impact, Roland DG was Platinum sponsor.

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Kornit Digital reports record Q4 & full-year results

Kornit Digital posted record fourth quarter revenue of $87.5 million, with full-year 2021 revenue up 67% year-over-year to $322 million. "We generated record cash flow from operations in 2021, successfully navigated global supply chain pressures and delivered on our commitments to our customers."

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