Outdoor advertiser JCDecaux Australia says billboards in Sydney and Melbourne that celebrate ‘A New Era’ in Hong Kong are in accordance with “relevant policies” in relation to outdoor advertising. The ads have been slammed as “blatant lies” and communist propaganda by Hongkongers living in Australia. The Greens leader Adam Bandt has called for them to be taken down.
Industry giant Fujifilm Group recorded a 7.4% increase in revenue to ¥625.9 billion ($6.5 billion AUD) for the three months to June 30 as net income fell by 27% partly due to higher energy and raw materials costs.
In the Federal Court today, 12th August 2022, 38 contract terms entered into by Fujifilm Business Innovation Australia or Fujifilm Leasing Australia (together, called "Fuji" by the ACCC) with many thousands of small businesses were declared unfair and void, following court action by the ACCC commenced in 2020 when the firm was known as Fuji-Xerox. The unfair contracts, which Fujifilm has admitted, relate to the supply of printing equipment and software.
Textile printing technology manufacturer Kornit Digital recorded $58.1m in revenue for the second quarter to June 30, down from $81.7m pcp, with a GAAP net loss of $19.5m compared to net income of $5.6m in Q2 2021. The company announced that chief financial officer Alon Rozner is leaving for personal reasons and will be replaced by industry veteran Lauri Hanover.
Ball & Doggett released the video of its first sustainability event, held at PacPrint 2022 in Melbourne. SPEC22 – Sustainable Print Education Conversation – ‘Sustainability in Action’ featured a specialist panel including Mardi Brown, co-founder, PonyUp for Good; Charlton Hemingway, MD Work Works; Phillip Mariette, operations manager, The Real Media Collective; and Joe Foster, O F Packaging & Close the Loop Group CEO.
Plastics and films manufacturer ORAFOL is making modifications to its main production site in Oranienburg, Germany, to run on liquefied natural gas (LNG). Current energy is supplied with Natural Gas, piped in, and supply of this has been restricted as a result of the current Ukraine conflict and other policy decisions.
ASGA was well represented at Tuesday's Careers Expo in Sydney. With a prime spot near the entry, AusSIP ASGA Liason Managers John Watters and Tina Mavris fielded multiple enquiries from students and parents, with the main challenge explaining just what constitutes the Signage Industry and the real depth and breadth of it.
Mimaki has joined other Japanese wide format manufacturers in announcing good sales growth for the first quarter of 2022. 'China and Russia' affected the results but sales were still up 13.4% and operating profit up 10.3% over 2021's Q1. The forecast for the half and full financial years has been revised upwards accordingly.
Eastman Kodak Company reported a $US30m boost in revenue of $US321 million for the second quarter 2022, with net income of $20 million, compared with $16 million for Q2 2021.
National signage company Mesh Direct says its new, fully recyclable Eco Banner Mesh can significantly reduce the construction industry’s impact on the environment. “We are excited to be offering this new product, the first of its kind (that we know about), in the Australian market.”