Manroland Goss expects more orders and higher profitability in 2021

Varioman and Thallo being presented by Manroland Goss at virtual.drupa trade show

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Manroland Goss acquires Thallo packaging business
Manroland Goss acquires Thallo packaging business

For the Manroland Goss Group, the 2020 financial year was also strongly influenced by the COVID-19 pandemic. While the order situation in the service business remained largely stable, incoming orders for new printing systems fell below expectations. Overall, sales of EUR 220 million and positive earnings before interest and taxes (EBIT) of EUR 3.2 million (1.4%) were achieved. Net debt improved by EUR 7.5 million compared to the previous year. 

Manroland Goss thus continues to demonstrate a solid financial and capital structure. This is also supported by the shareholders L. Possehl, Lübeck, and American Industrial Partners, New York.

Manroland Goss expecting for new press orders

For 2021, Manroland Goss expects a significant increase in incoming orders. In addition to the established market segments of commercial and newspaper printing, new press orders will be driven, particularly by web offset packaging printing solutions

With the fully automated and high-performance Varioman and the new Thallo, Manroland Goss is positioning itself with two ‘variable-sleeve’ models for the growing packaging printing market segment. Manroland Goss is equally inventive in the renewal of innovative service offerings such as Maintellisense, the agile maintenance platform for optimizing daily business, or participate in the collaborative approach for optimized spare and wear parts supply printing companies, of course, also with 3D-printed parts. Despite continuing uncertainty about the course of the pandemic, the order situation is expected to increase significantly and profitability to stabilize.

Rethinking the existing” is the philosophy of CEO Franz Kriechbaum. “Since the merger of Manroland and Goss in 2018, this principle has become firmly anchored in our company. We are constantly on the move and are seizing many new opportunities created through rethinking our processes. And all of this equipped with benefits and added value for our customers,” said Kriechbaum. As market conditions remain challenging, this agility and solution orientation in corporate management and company development are key success factors.

 

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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