Spicers back in the black

Merchant now a fifth of former size after Euro exit, make $5.3m profit on $392m sales

30 August, 2016

Spicers back in the black as CEO steps down

Spicers, formerly known as PaperlinX, has bounced back with a statutory profit after tax of $6.3m compared to a statutory loss of $90.8m for the prior corresponding period (pcp); the results come as its CEO Andy Preece announces he will leave the company.

2 March, 2016

Paperlinx enters new chapter

Paperlinx is set to change name to Spicers and focus on new acquisitions after its last European arm in Germany failed to find a buyer and fell into administration.

28 October, 2015

Paperlinx execs get pay cuts

Paperlinx executives are set to take a significant pay cut after the company’s European foray saw it lose more than $300m last financial year and move back to the Asia Pacific.

28 September, 2015

Best print results in years

Reporting season reveals almost universal good news for the country’s public printers.

27 August, 2015

Merchants say rises have to stick

Suppliers say industry has to accept 10% rise or mills may send stock elsewhere.

6 August, 2015

Double-digit paper price rises from October

Everyone raising prices as dollar crashes and European mills swamped with demand.

5 August, 2015

BEST OF 2012: Paperlinx year in review

Paperlinx had a tumultuous year with what seemed like an endless succession of poor financial results, key management changes and public leadership battles

6 December, 2012

Paperlinx cuts GM Gordon Thomas and appoints Andrew Preece

Paperlinx has responded to the “very challenging market” with another senior management reshuffle, bringing in former Spicers man Andrew Preece to replace Gordon Thomas.

17 October, 2011

Paperlinx writes down goodwill by $68.5m

The declining fortunes in paper is writ large in a $68.5m goodwill charge at Paperlinx, though its $108m loss was an improvement on last year, when it fell $225m into the red.

25 August, 2011