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Media Centre

Paarl Media Bursary Fund Trust continues to invest in committed students

Around 220,000 matriculants are due to enter higher education next year; however for many the study fees are simply unaffordable. Understanding that access to higher education is central to the development of our economy and country, Novus Holdings believes that the private sector has the responsibility to support our education-hungry student communities. The Group’s Paarl Media Bursary Fund Trust annually provides promising school-leavers who require financial support an opportunity to study in the field of their choice. This year the Trust committed to an investment of over R2 million which…
greenbox
18th Nov 2016
Media Centre

Novus Holdings continues to build on diversified offerings despite tough market conditions persisting

Highlights of interim financial results for the six months ended 30 September 2016 - Revenue increased by 4,5% to R2,18 billion (2015: R2,08 billion) - Lower gross profit margin of 26,5% (2015: 31,4%) - Operating profit decreased by 13,6% to R304,4 million (2015: R352,2 million) - Headline earnings per share decreased by 16,4% to 63,3 cents per share (2015: 75,7 cents per share) Novus Holdings’ (NVS) core printing business has reported on a satisfactory performance despite ongoing tough trading conditions. The Group’s results were most notably shaped by strained economic…
greenbox
7th Nov 2016
Media Centre

Novus Holdings’ flagship printing plant receives international recognition for quality in publication gravure printing

Paarl Media Cape, the flagship printing plant of Novus Holdings was recognised for its quality in publication gravure printing at the award ceremony held for the European Publication Gravure Award 2016 on 27 September 2016 in Dusseldorf, Germany. The local printing plant known for its streamlined processes and advanced technology was awarded a commendation for the TFG Club magazine. “This recognition is a big honour for us as it reflects what we strive to achieve for all of our customers – to produce world-class products using the latest technological innovations,”…
greenbox
29th Sep 2016
Media Centre

Novus Holdings appoints new Chief Financial Officer

Novus Holdings, market leader in the printing and manufacturing sector, has appointed Edrich Fivaz as the Group’s Chief Financial Officer (CFO), effective 1 September 2016. Fivaz previously held the position of Group Head of Mergers and Acquisitions, also overseeing Corporate Finance since 2013. He facilitated the Group’s successful listing on the JSE in March last year. “Edrich has become a proven member of our team over the years with his dedicated work ethic, extensive knowledge and experience. He has played an integral role in the Group’s diversification strategy thus far…
greenbox
15th Sep 2016
Media Centre

Investing in teachers pays dividends to learners

Novus Holdings donates R100 000 to the development of mathematics teachers Teachers play an important role in society; they have the opportunity to impact lives, shape the future of learners, their families, and their communities. This is especially true in South Africa which was rated last in the world, out of 146 countries, for maths and sciences in the "Global Information Technology Report 2014". Mathematics and its concepts are important in almost every industry, especially noting technological advances and job opportunities within a rapidly developing South Africa. Understanding that teachers…
greenbox
25th Aug 2016
Media Centre

Print is alive and here to stay

Print is alive and here to stay For decades we have been bombarded by messages that the print industry is dying. As digital media was introduced and gained popularity, the common belief was that print would soon become obsolete. Digital may grab a piece of the pie in terms of newspaper and magazines but we forget that print is actually everywhere, in every school, shop, and shelf, and Novus Holdings, previously known as the Paarl Media Group, helps to put it there. Print manufacturing is not limited to newspapers and…
greenbox
18th Aug 2016
Media Centre

Novus Holdings appoints new CEO

Novus Holdings (JSE: NVS), market leader in the printing and manufacturing sector, has appointed Keith Vroon as Chief Executive Officer (CEO) with immediate effect. Vroon was announced as acting CEO in February 2016 following the resignation of Stephen van der Walt, who stepped down as CEO after more than 15 years with the Group. Vroon began his career with the Paarl Media Group in 2004 as Chief Financial Officer (CFO) and was appointed as the Group’s Chief Operating Officer (COO) in 2012. Vroon started off his working career as a…
greenbox
29th Jul 2016
Media Centre

Novus Holdings gives Marconi Beam Primary a hand up

“Education is the most powerful weapon which you can use to change the world.” – Nelson Mandela In honour of Nelson Mandela Day, employees from Novus Holdings volunteered 67-minutes of their time on Monday, 18 July to bring some positive change to the Marconi Beam Primary School. Established in 2004, Marconi Beam Primary currently has 1 568 learners, who are primarily from the Joe Slovo informal settlement. Situated less than a kilometre away from their Montague Gardens offices and facilities, some Group employees decided to roll up their sleeves and…
greenbox
19th Jul 2016
Media Centre

Paarl Coldset Cape Town and Pietermaritzburg achieve international print-excellence membership

Paarl Coldset Cape Town and Pietermaritzburg recently acquired membership to the exclusive World Association of Newspapers and News Publishers (WAN-IFRA) International Newspaper Color Quality Club. This year 128 companies from around the globe entered the one of a kind competition. Paarl Coldset produces a wide spectrum of daily, Sunday and weekly newspapers and is a division of Novus Holdings, previously known as the Paarl Media Group. “We are honoured to have received this membership as it aligns with what we at Paarl Coldset aim to achieve for all of our…
greenbox
7th Jul 2016
Media Centre

Novus Holdings’ new entity set to bring change to the African print landscape with state-of-the-art press technology

As a leader in the print and manufacturing sector, Novus Holdings continuously invests in world-class technology, the latest being that of the Kodak Prosper Technology press installation at the Group’s new entity, Novus Print Solutions. The installation is Kodak’s largest to date in the Southern Hemisphere. In May 2016, Novus Holdings successfully concluded the merger of its Paarl Media Paarl facility and Digital Print Solutions, the digital-print business which the Group acquired in 2015, to form a consolidated digital and sheetfed operation, entitled Novus Print Solutions. The bespoke production facility…
greenbox
21st Jun 2016