Page 68 - Print 21 Magazine Jan-Feb 2019

People in Print
the OVERflow
PTMP to rebrand as Ovato
he nation’s biggest and the Pacific Media contract, printer PMP is to along with the long time the rebrand, with the ACCC took to okay the IPMG company telling merger deal, as reasons for the shareholders at its downturn.
AGM that from March it will be However both Bickford-
known as Ovato.
The company created the
name from the word ovation – getting the strongest response possible. PMP says, “Ovato defines the next stage of the business. Importantly the name delivers a clear, single brand to unify the strengths of the many brands bought together by the merger.”
Company chairman Matthew Bickford-Smith told shareholders at the AGM that the 2017/18 result
– which Group sales fall
by $108m and an actual EBITDA of $40m against predictions of $70m –
was ‘unacceptable’.
Bickford-Smith pointed to the loss of the Coles magazine
Smith and company CEO Kevin Slaven told the shareholders the worst was now behind them, and the investment in the new manroland Lithoman 80pp web, due to go into Warwick Farm next year, would herald a new era in efficient print production.
The board highlighted its commitment to the retail catalogue sector, and said it is partnering with a big data provider, Quantium, through
which it says will be able to tell how much actual money the catalogues are generating at the register. 21
New name: PMP CEO Kevin Slaven to become Ovato CEO
Konica Minolta in human rights award
Konica Minolta has been awarded the top honour in the Australian Human Rights Commission Human Rights Award 2018 in the Business category, for showing leadership in the people- centred policies that promote human rights in its business and supply chain. Dr David Cooke, managing director, is pictured with Suzie Brett, people and legal director, at the awards.
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