Ovato sheds senior managers as focus shifts back to print

Ovato makes more senior changes as it shifts back to being a more print-focused business as part of the restructure plan

15 June, 2021

For sale: Ovato’s Geebung site on the market

A 28,000 square metre factory site in Brisbane which houses Ovato’s Queensland operation and is owned by a property trust linked to Ovato chairman, Michael Hannan, is on the market

4 May, 2021

Ovato revenues down 28.2% in COVID hit half

Ovato posts a $9.7m net loss with EBITDA before significant items at $22.3m including $18.3m in JobKeeper payments

1 March, 2021

Woolworths in print for “foreseeable future”

Woolworths says it is committed to print for the foreseeable future, despite putting its catalogue temporarily on ice in certain areas

25 January, 2021

Ovato scheme “sets no precedent”: Slaven

Ovato managing director Kevin Slaven says the company’s exceptional circumstances mean its now approved restructuring scheme has set no precedent

20 January, 2021

Ovato, PVCA in war of words over deal

Ovato managing director Kevin Slaven has hit back at claims that the printing company’s actions will damage the broader industry

18 January, 2021

Ovato’s end would not have hurt broader industry: PVCA

The PVCA says it supports positive action and cannot condone the recent actions of Ovato

18 January, 2021

Liquidators take over four Ovato entities

Troubled printer, Ovato, now has an extra $40 million in the kitty to help it realise its plans to boost its data capabilities in 2021

13 January, 2021

Ovato employees prepare for end of an era

For hundreds of staff at Ovato’s Clayton plant, the coming weeks will mark an end of an era with the factory set to close providing final court approval is granted on December 18

10 December, 2020

Creditors approve Ovato 50 cent pay deal

Another hurdle in Ovato’s legal bid to restructure and recapitalise has been passed with all creditors agreeing to a 50 cent in the dollar pay deal for outstanding bills

7 December, 2020