UPS & DOWNS OF PMP

The country's largest printer has had its fair share of ups and downs.

Latest about UPS & DOWNS OF PMP

Melbourne 1, Sydney 0: PMG snatches $650k contract from Camerons

9 Apr 2013 | Nick Bendel | Comment now

Melbourne firm Print Media Group has snatched a taxation contract from Sydney rival The Camerons Group.

Printers large and small bring AFL footy to the masses

21 Mar 2013 | Nick Bendel | Comment now

The AFL has turned to PMP, Opus Group and three smaller Melbourne firms to handle its printing for the 2013 season.

PMP loses another executive as Gordon & Gotch MD resigns

15 Mar 2013 | Nick Bendel | Comment now

Gordon & Gotch's managing director has quit in search of a new challenge, having turned around a company that was "losing a substantial amount of money".

PMP rolls up three divisions as $30m sale of Sydney supersite looks certain

27 Feb 2013 | Nick Bendel | Comment now

PMP has lost millions due to the cost of restructuring but expects to emerge as a lean, low-cost supplier that can survive margin squeeze.

Yellow and White Pages decline puts 650 Sensis jobs at risk

26 Feb 2013 | Nick Bendel | Comment now

PMP's White and Yellow Pages contract remains safe for now despite Sensis flagging 650 job cuts in a move away from print.

Stock market shock: printers outpacing All Ords in 2013

7 Feb 2013 | Nick Bendel | Comment now

Publicly listed print companies have almost doubled the market's performance since the start of 2013.

PMP and Geon to print Federal election leaflets and ballots

6 Feb 2013 | Nick Bendel | Comment now

PMP will help Australia get ready for the Federal election on 14 September.

IPMG secret information leaked in $4m tender bungle

29 Jan 2013 | Nick Bendel | Comment now

An accidental leak of confidential print prices has not stopped IPMG from securing a $4 million government contract.

PMP sheds loss-making data business for $6.2m

21 Jan 2013 | Nick Bendel | Comment now

PMP has offloaded its data business, driving speculation the group may shed more of its marketing services and digital operations.

PMP investor: print giant is 'sitting duck for a takeover'

15 Jan 2013 | Nick Bendel | Comment now

PMP is so undervalued that it is "a sitting duck for a takeover" as the market continues to punish the printing industry more than it deserves.

Melbourne printers ace Australian Open work

14 Jan 2013 | Nick Bendel | Comment now

The Australian Open has only just begun but hard-working printers have already served up some grand slam jobs for the competition.

PMP's new boss guarantees to turn company around in 18 months

19 Dec 2012 | Nick Bendel | Comment now

PMP's new boss has promised to turn the company into a lean, profitable business devoted to its "core" strengths of print and distribution.

PMP secures largest printing contract in Australia

17 Dec 2012 | Nick Bendel | Comment now

PMP has retained the largest printing contract in Australia thanks to its trans-Tasman footprint.

IPMG slams PMP for casting print industry as a 'victim'

27 Nov 2012 | Steven Kiernan, Nick Bendel | Comment now

A war of words has erupted in the mainstream press between the country's two biggest print groups.

Up to 120 jobs cuts expected as PMP shuts Chullora plant

22 Nov 2012 | Nick Bendel | Comment now

The union has predicted 120 job cuts after PMP announced the closure of its Directories plant.

PMP points to more cuts, White and Yellow Pages under the spotlight

7 Nov 2012 | Nick Bendel | Comment now

PMP has hinted at major changes to its Directories business and heavy cuts to come.

Penguin, Random House merger could be worth $20m to PMP, Opus

30 Oct 2012 | Nick Bendel | Comment now

The merger of Random House and Penguin may lead to a shake-up in book printing worth millions to PMP and Opus Group.

PMP pays out Allely to leave early and names new CEO

16 Oct 2012 | Nick Bendel | Comment now

PMP boss Richard Allely is leaving a year ahead of schedule to make way for an executive "with a strong record in corporate restructure".

PMP chief executive Richard Allely resigns

28 Sep 2012 | Steven Kiernan | Comment now

PMP chief executive Richard Allely has resigned from the industry's highest position.

Loss-making PMP sheds capacity with plan to cut press fleet by 30%

28 Aug 2012 | Nick Bendel | Comment now

PMP is cutting jobs and downsizing its press fleet by a third – a year after promising the restructuring was over.

100 million catalogues give Franklin Web, IPMG and PMP awards success

16 Aug 2012 | Nick Bendel | Comment now

Franklin Web, IPMG and PMP can each lay claim to the biggest medals haul at this year's Australian Catalogue Awards – depending on who you ask.

PMP cashes in as Fifty Shades of Grey outstrips Harry Potter and Twilight

3 Aug 2012 | Nick Bendel | Comment now

An erotic novel sensation has been a thumping success for PMP's book printer, with benefits also trickling down to trade finishers.

TMA sends Melbourne jobs offshore, union disappointed and alarmed

11 Jul 2012 | Nick Bendel | Comment now

The union has expressed disappointment at a move by PMP suitor TMA Group to offshore Melbourne production and said it would be alarmed if there were similar plans for the nation's biggest printer.

PMP to TMA: show us the money or we're not showing you the books

6 Jul 2012 | Nick Bendel | Comment now

TMA Group has accused PMP of neglecting its "long-suffering" shareholders after the print giant dismissed a takeover bid as half-hearted.

PMP bounces back from PacMags loss with new ACP deal

29 May 2012 | Nick Bendel | Comment now

PMP has locked in a multimillion-dollar contract with the country's biggest magazine publisher after renewing its deal with ACP.

PMP selling 'QR codes on steroids' to tier one retailers

28 May 2012 | Nick Bendel | Comment now

PMP has generated interest from major retailers after showing them code-scanning technology that creates a spike in sales.

TMA outed as PMP's mystery $250m suitor

21 May 2012 | Nick Bendel | Comment now

PMP's shares were placed in a trading halt this morning after the country's biggest printer revealed TMA Group as the company behind the $250 million takeover bid.

PMP receives $250m takeover offer after 30% earnings downgrade

27 Apr 2012 | Nick Bendel | Comment now

PMP has received a takeover offer valuing the company between $220 million and $252 million – triple its current price.

More 'transformation' as PMP makes print boss Andrew Williams redundant

20 Apr 2012 | Nick Bendel | Comment now

PMP has pointed to cost-cutting not performance as the reason it sacked print and distribution head Andrew Williams.

PMP profits rise but 60 jobs to go after loss of PacMags

17 Feb 2012 | Nick Bendel | Comment now

PMP is expected to cut about 60 Victorian jobs and move its Clayton bindery to Sydney following the loss of the Pacific Magazines contract.

PMP downgrades earnings forecast as volumes and orders fall

2 Feb 2012 | Nick Bendel | Comment now

"Difficult and volatile" market conditions have prompted PMP to downgrade its earnings forecast by up to 24% and foreshadow a new round of restructuring.

PMP and IPMG breathe easy following Manroland buyout

23 Jan 2012 | Nick Bendel | Comment now

Tens of millions of dollars of investment in magazine printing is back on safe footing following the news that Manroland's web division has been acquired.

Print's power players see out the year at Power 50 function

2 Dec 2011 | Steven Kiernan | Comment now

Heavy hitters from the printing industry descended on a five-star hotel in Sydney last night for the official revealing of the 2011 ProPrint Power 50.

PMP's turnaround toasted with Australia's "most prestigious" HR Award

24 Nov 2011 | Nolan Giles | Comment now

The transformation of Australia's only billion-dollar printing business has been recognised with the national HR Award for Best Change Management.

PMP makes 'world first' with new 96pp Manroland web press for WA

2 Nov 2011 | Steven Kiernan | Comment now

PMP has opted for new not secondhand for a multimillion-dollar kit-out in Perth as rivals IPMG and Franklin Web are "catching up" with their new web presses.

Print and digital "dual focus" tops PMP's agenda

17 Oct 2011 | Nolan Giles | Comment now

PMP chief exec Richard Allely has signed a three-year contract worth millions to remain at the helm of the country's biggest print group, and put digital communications on the top of the agenda.

PMP wins $2.7m carbon tax job thanks to eco-credentials and national footprint

12 Oct 2011 | Nolan Giles | Comment now

PMP has used heatset inks, biodegradable plastics and PEFC-certified paper on a massive print and distribution job for the Carbon Tax that landed in the letterbox of almost every Australian home.

PacMags to drop PMP as supplier for multimillion-dollar spend

20 Sep 2011 | Steven Kiernan | Comment now

Pacific Magazines is set to drop former sister company PMP as its key supplier 10 years after the printer sold the publisher to the Seven Network.

PMP sees best print margin in years but restructuring pulls it into the red

18 Aug 2011 | Steven Kiernan | Comment now

PMP managed to improve margins on print to over 10% for the first time in recent memory, as it revealed its balance sheet is the strongest it has been in a decade.

PMP wins "eight-figure" catalogue contract with EziBuy

9 Aug 2011 | Nolan Giles | Comment now

PMP has picked up a three-year contract to print the Australian run of EziBuy's catalogues, previously produced at Offset Alpine.

50 job cuts at PMP as it closes Scribo book business

6 Jul 2011 | Nolan Giles | Comment now

PMP's book distribution business, The Scribo Group, has fallen victim to the poor state of the local market as it moves to close doors and shed 50 staff in coming months.

PMP rises to demand for smaller phone directories

30 Jun 2011 | Nolan Giles | Comment now

PMP has responded to changing demands for Yellow Pages and White Pages printed at its Chullora operation.

PMP reduces staff at directories plant as Sensis slashes White Pages volumes

26 May 2011 | Nolan Giles | Comment now

PMP has started to reduce staff at its Chullora directories plant as Sensis confirmed plans of a massive decrease of deliveries of the White Pages in Sydney and Melbourne.

AMWU hits out at Telstra as PMP's White Pages print run slashed

11 May 2011 | Nolan Giles | Comment now

The AMWU has called on Telstra and the government to please explain over "secret plans" that could mean massive cuts to the print run of the White Pages.

PMP and Geon face $1.7m exposure in collapse of Borders, Angus & Robertson

31 Mar 2011 | Nolan Giles | Comment now

PMP and Geon face a combined exposure of $1.7m following the collapse of Red Group, the company behind Borders and Angus & Robertson.

PMP promotes new GM for WA as Clyne heads to News Ltd

24 Mar 2011 | Nolan Giles | Comment now

PMP has appointed Clinton Willis as general manager for print and distribution in Western Australia after outgoing GM Alan Clyne moved on to News Limited in Perth.

PMP feels $20m of pain from decline in books but print margins keep getting better

17 Feb 2011 | Steven Kiernan | Comment now

Rapid structural changes in the publishing world are behind a $19.2m write-down in PMP's half-year revenues, though Richard Allely's transformation has continued to result in better margins.

PMP clinches UFC Magazine print contract from ACP

9 Dec 2010 | Steven Kiernan | Comment now

ACP is taking another swing at the men's market after awarding the print contract for big 2011 launch UFC Magazine to PMP.

PMP loses Coles, gains NewsMags

18 Dec 2009 | Daniel Fitzgerald | Comment now

In a mixed bag of results, PMP has lost Coles' catalogue distribution business to rival Salmat, but is said to have won News Magazines' distribution from IPMG.

If you don’t enter awards – what's the main reason?

Too complicated, time-consuming or costly
We don't see the value
They're not fair
We do enter awards

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MAY 2013

ProPrint is the leading monthly magazine for the Australian printing industry. ProPrint covers the business and technology issues of print with broad-reaching editorial coverage that includes news, comment, features and product reviews.

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