In brief: Qantas awards $10m print managment contract to TMA

Qantas has awarded a multi-million print management contract to TMA Australia.

Qantas has awarded a multi-million print management contract to TMA Australia.

The two-year agreement for the entire print management operations for Qantas is expected to create up to $10 million per year for TMA in addition to the firm’s existing arrangement with the airline.

In a statement to the ASX, TMA managing director, Anthony Karam, said the contract “represents further expansion of our print management presence in the market place, and allows TMA to continue to grow on its strong B2B foundation. Print management continues to be an area of growth for the Group.” TMA was first established in 1982 and listed on the ASX in 1994. In July, it announced a contract win with Coles Supermarkets for the supply of self adhesive labels that is expected to generate revenues of up to $7 million annually.

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