OPUS reports $1.8 million loss, but McPherson’s ‘merger benefits tracking ahead of plan’
OPUS group, which acquired McPherson Printing Group earlier this year, has announced a $1.8 million loss after tax for the financial year ended 30 June 2012. However, this was up...
MPG unveils Australian-first inkjet book line
McPherson’s Printing Group (MPG), together with new parent company OPUS Group, has unveiled its Onyx inkjet book line, which OPUS says can print up to 44% faster than other inkjet...
McPherson’s shareholders approve OPUS merger
Shareholders of McPherson’s Printing Group (MPG) have approved the company’s merger with OPUS Group. OPUS Group said in a statement this week that 97% of MPG shareholders voted in favour...
In Brief
Screen Australia funding for book adaptationsScreen Australia has approved funding for the development of thirteen new feature film projects, four of which are being adapted from books by local authors....
McPherson’s shareholders approve demerger of printing division
Shareholders of McPherson's Limited have approved the demerger of the company's printing and consumers products divisions, reports Print21. The approval opens up the way for the proposed merger of book printers...
Merger proposed between OPUS Group and McPherson’s Printing Group
Book printers OPUS Group and McPherson's Printing Group have proposed to merge and list on the Australian Stock Exchange (ASX). The merger would involve parent company McPherson's Limited demerging its...
McPherson’s reports nine percent drop in revenue
Book printer McPherson's Printing Group has recorded a nine percent drop in revenue and a 24% decline in pre-tax earnings in its printing division for the 2010-2011 financial year. Sales revenue for...
Earnings up at McPhersons
Earnings at printer McPherson's Ltd increased by 29% to $15.17 million in the first half of the financial year. The result came despite a $500,000 drop in earnings for its...
ACCC concerned about McPherson’s/Griffin merger
The Australian Competition and Consumer Commission (ACCC) is extending its review into the proposed joint venture between printing companies McPherson's and Griffin Press, citing concerns that the joint venture ‘will...
ACCC investigates Griffin/McPherson’s joint venture
Further to the announcement in last week's WBN that Australia's two largest book printers, PMP-owned Griffin Press and McPherson's Printing are planning to merge, subject to 'relevant approvals,' the Australian Competition...