BEST OF 2012: PMP year in review

January

PMP confirms its multimillion-dollar Manroland Lithoman order is safe after the acquisition of Manroland's web division

February

PMP downgrades earnings by up to 24% and foreshadows a new round of restructuring

February

PMP reports a 131% increase in net profit but plans to cut 60 jobs following the loss of the Pacific Magazines contract

April

PMP sacks its executive general manager of print and distribution, Andrew Williams, after phasing out his position

April

PMP receives a $250 million takeover offer from an unnamed bidder

May

PMP's shares are placed in a trading halt as TMA Group is revealed as its mystery suitor

May

PMP bounces back from the loss of the Pacific Magazines contract by renewing its deal with ACP

May

PMP starts promoting "QR codes on steroids" to tier one retailers

July

PMP closes its books to TMA Group after dismissing its takeover bid as half-hearted

August

PMP book printer Griffin Press cashes in on the phenomenal success of Fifty Shades of Grey

August

PMP tops the Australian Catalogue Awards leader board with 17 gongs

August

PMP announces further restructuring with more jobs to go and the press fleet to be reduced from 21 to 15

September

Chief executive Richard Allely resigns after three-and-a-half years in the job

October

PMP names Peter George as its new boss after paying out former chief executive Richard Allely 11 months ahead of schedule

November

PMP announces the closure of its Directories printing plant at Chullora with the union predicting 120 jobs cuts

November

PMP is slammed by IPMG for casting itself as a "victim" and having a "lack of confidence" in the future

December

PMP retains Australia's largest printing contract as Woolworths signs on for another three years

December

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

Lithoman: for Perth

 

 

 

 

 

 

Williams: position cut

 

 

 

 

 

 

 

 

Fifty Shades: massive run

 

 

 

 

 

 

 

 

Allely: resigned in 2012

 

 

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