Manroland Goss expects more orders and higher profitability in 2021
For the Manroland Goss Group, the Fiscal year 2020 was also strongly influenced by the Covid-19 pandemic. While the service sector order situation remained broadly stable, incoming orders for new printing systems were lower than expected. In total, a turnover of 220 million euros and a positive profit before interest and taxes (EBIT) of 3.2 million euros (1.4%) were achieved. Net debt improved by 7.5 million euros 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 awaits new press orders
For 2021, Manroland Goss expects a significant increase in incoming orders. In addition to the establishment Market segments of commercial and newspaper printing, new press orders will be carried, in particular by web offset packaging printing solutions.
With the fully automated and efficient system Varioman and the new one Thallo, Manroland Goss is positioned with two ‘with variable sleeves’ models for the growing packaging printing market segment. Manroland Goss is also inventive in renewing innovative service offerings such as Maintellisense, the agile maintenance platform to optimize daily activities, or participate in the collaborative approach to optimize spare and wear parts provide printing companies, of course, also with 3D printed parts. Despite the lingering uncertainty about the course of the pandemic, the order situation is expected to increase considerably and profitability to stabilize.
“Rethinking the existing»Is the philosophy of the CEO Franz Kriechbaum. “Since the merger of Manroland and Goss in 2018, this principle was firmly anchored in our company. We are constantly on the move and seize many new opportunities created by rethinking our processes. And all this with advantages and added value for our customers ”, said Kriechbaum.. As market conditions remain difficult, this agility and the orientation of solutions in business management and business development are key success factors.