Australian print conglomerate Ive Group is making progress towards its $1.25 billion ambitions, including a move to its new western Sydney supersite.

Delivering a resilient FY26 result in a “difficult macro-economic environment”, managing director Matt Aitken was able to report that its plans are continuing to take shape. Progress during the year also included relocation of five business units to a supersite in Kemps Creek, and a number of “scale-enhancing and strategic acquisitions”, which together provide additional opportunities for operational efficiencies and long-term revenue growth.

As expected, revenue had been softer across catalogues, with some clients pausing or reducing demand, while others resumed or even increased activity. On the packaging front, major new packaging customers including Arnott’s are expected to contribute revenues during the fourth quarter.

Despite the smaller revenue, key metrics such as EBITDA, EBIT and underlying NPAT (on a pre-AASB 16 basis) increased modestly. New acquisitions BMS and Impressu are seen as “consolidation plays”, while Daily Press adds to the group’s creative capability and accelerates Ive’s ambition to add $75m of sustainable ‘creative & content’ revenue by 2030.

During the year, Ive moved into a new 32,000m2 site in Kemps Creek, Sydney, described as “the biggest investment in Ive’s 105-year history”(pictured), and already said to be at 85 per cent capacity. Commercial print and packaging equipment are in one press hall – including two new Koenig & Bauer sheetfeds and a ten-colour Heidelberg brought across from Silverwater – with digital in the other, including HP Pagewide T370 HD inkjet web.

Aitken also reported “continued strong momentum” for the group’s high-growth e-commerce platform Lasoo, which is expected to break even during FY28.

• We apologise for errors in an earlier version of this report, which were the result of a misunderstanding.