News

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Ovato, formerly PMP, recorded a 9.2% ($37 million) slump in revenue to $363 million in the first half year, “mostly due to a $31.7 million fall in revenues at Ovato Print Group Australia from lost customers and lower volumes with existing newspaper and magazine customers.” Net loss for the period was $10.9 million.

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A Manhattan federal judge has turned down Xerox Corp's application to dismiss a $US1 billion lawsuit filed by Fujifilm Holdings after the US company backed out of last year’s proposed $US6.1 billion merger deal. The judge described Xerox’s arguments as “plainly wrong” and “thoroughly unpersuasive.”

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After recent heavy investments in new automated printing technology, print and marketing group IVE recorded a 7.9% jump in profit to $20.8 million in the six months to 31 December 2018, with total revenue up 4.5% to $375.6 million.

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Kodak CEO Jeff Clarke has stepped down as head of the company and been replaced by chairman Jim Continenza – “effective immediately.” The surprise move was announced in a statement by the board of directors in New York:

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Regardless of the sign and display applications, the goal is to ensure your customer captures the attention of their audience, writes Bobby Fosson of SAi, the US-based manufacturer of software for sign making and digital printing.

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Industry group Visual Connections has launched a campaign to support family-owned McDonald Signs & Print of Young, NSW, after owner Aaron McDonald's young daughter Madison was involved in a tragic accident last year.

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ASX-listed outdoor advertiser QMS Media extended its global reach with major new contracts including the ICC Cricket World Cup 2019, SANZAAR Rugby Union, Sydney Cricket Ground, Netball Australia, the NRL’s Melbourne Storm and the South American club football competition CONMEBOL Copa Libertadores.

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Organisers Messe Düsseldorf report impressive booking figures for the biggest global print trade show drupa 2020, which will again highlight new print technology in a wide range of markets.

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Epson picked up six International Forum (iF) Design Awards - four for inkjet printer systems, including two awards for its SureColor wide format series - and two for 3LCD projector designs.

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The Australian Sign & Graphics Association (ASGA) has called a round table session of members and industry suppliers amid growing concerns that new federal building code legislation could have wide-ranging effects on the signage industry. The new code added at least $3,000 to the price of one recent sign job.

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New online assets library enables SAi subscription-based software users to access over six-and-a-half million images, logos, fonts, illustrations, vehicle outlines and wraps.

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Industry group SGIAA has teamed up with supplier Starleaton to launch the first of its 'Year of Colour' colour management boot-camps in Melbourne on 2-4 April.

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Ricoh’s latest L5160 latex roll-to-roll large format printer will be in the spotlight as part of the company’s rapidly evolving portfolio on show at FESPA in Munich from May 14-17.

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Neopost Australia has become an official distributor of the popular Arlon Graphics range of medias as it continues to expand its portfolio for the commercial print and sign & display markets.

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Despite a jump in net sales and profit, Spicers recorded a statutory loss of $6.7 million for the half-year ended 31 December 2018, after booking a $15 million loss on the sale of its Asian operations. The paper company and wide format supplier is preparing for its proposed sale later this year - pending shareholder approval - to Japan-based global paper giant Kokusai Pulp & Paper (KPP).

Subcategories

Outdoor Graphics, solvent & UV Article Count: 10270

Offcuts Article Count: 18

3D Printing News Article Count: 1

Forum Rules Article Count: 27

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