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.

 

In 2024, we are looking at full recovery and growth-led investment in Indian printing

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. It created the category of privately owned B2B print magazines in the country. And by its diversification in packaging, (Packaging South Asia), food processing and packaging (IndiFoodBev) and health and medical supply chain and packaging (HealthTekPak), and its community activities in training, research, and conferences (Ipp Services, Training and Research) the organization continues to create platforms that demonstrate the need for quality information, data, technology insights and events.

India is a large and tough terrain and while its book publishing and commercial printing industry have recovered and are increasingly embracing digital print, the Indian newspaper industry continues to recover its credibility and circulation. The signage industry is also recovering and new technologies and audiences such as digital 3D additive printing, digital textiles, and industrial printing are coming onto our pages. Diversification is a fact of life for our readers and like them, we will also have to adapt with agility to keep up with their business and technical information needs.

India is one of the fastest growing economies in nominal and real terms – in a region poised for the highest change in year to year expenditure in printing equipment and consumables. Our 2024 media kit is ready, and it is the right time to take stock – to emphasize your visibility and relevance to your customers and turn potential markets into conversations.

– Naresh Khanna

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