Ovato faces net loss of $59M in half year financial results

Competitive pricing pressures and volume reductions in newspapers and some retail catalogues impact results

27 February, 2020

ACCC concerns over Bauer takeover of Pacific Magazines

Concerns are over deal knocking out direct competition for Bauer Media in two weekly magazine segments

18 December, 2019

Ovato’s $20m investment unveiled at Warwick Farm supersite opening

The supersite is the result of three years of hard work following the merger of IPMG and PMP with the national manufacturing footprint of the print and distribution giant now finalised

11 December, 2019

Ovato New Zealand appoints new managing director

Former Bauer Media executive Paul Gardiner to replace Simon Ellis as managing director of print and distribution giant Ovato’s New Zealand operations

22 October, 2019

Print giants unfazed by Bauer Media purchase of Pacific Magazines

Seven West Media signs a binding agreement to sell Pacific Magazines to Bauer Media for $40m

21 October, 2019

Ovato reports $4.4m FY2019 net loss

Newspaper downturn hits print and distribution giant Ovato

2 September, 2019

Ovato invests $1m in on-demand book printing

Three new Konica Minolta presses the centrepiece of Ovato Book Printing’s $1m move to on-demand publishing

4 July, 2019

Ovato invests $1m in digital book printing

Capacity upgrading from 500 to 5,000 books a day as company aims to meet Amazon demands

3 July, 2019

Ovato signs Bauer deal

Three year deal adds six new consumer magazine print titles

13 June, 2019

Hannans buy $10m more of Ovato

Print revenues expected to fall 12 per cent, as FY EBITDA revised down

4 June, 2019