In what is a promising sign for the printing industry worldwide, German Original Equipment Manufacturers (OEMs) Heidelberg and Koenig & Bauer continue to show a positive growth path with improved sales and high incoming orders. Here are few highlights from Heidelberg:
• Half-year sales were up about 14% up over the previous year, at €1,120 million.
• There was a huge improvement in EBITDA after 6 months by around €30 million, to €104 million (EBITDA margin = 9.2%).
• Incoming orders after 6 months matched the high level in the previous year.
• Order backlog exceeded €1 billion for first time in several years.
• Forecasts for the 2022/23 financial year were confirmed.
“We are seeing that our transformation is having an impact, and Heidelberg is in good shape for the future,” said CFO Marcus A. Wassenberg. “In the first half-year, we were able to further improve our baseline. Our low net financial debt and improved equity ratio places us on a stable footing.”
Koenig & Bauer also remained on track for profitable growth with a strong 3rd quarter and robust demand in a turbulent economic environment. Here are a few highlights:
• The increase in revenue in the 3rd quarter compared to the previous year, as well as during the year, was underpinned by the Sheetfed and Digital & Web-fed segments.
• A strong improvement in earnings with EBIT of around €11 million was achieved in the 3rd quarter despite negative external factors.
• Solid customer demand during the 3rd quarter boosted order intake by about 5% over the previous year’s high level.
• Koenig & Bauer opened new business areas with several effective digital and sustainable solutions.
• The full year forecast for 2022 confirmed Koenig & Bauer’s medium-term targets.
“Despite all the external uncertainties, we see ourselves as being well positioned and expect to be able to report satisfactory customer demand and capacity utilization in the fourth quarter of 2022,” said Dr. Stephen Kimmich, CFO of Koenig & Bauer.
Excellent blog here! Also your website loads up fast! What host are you using? Can I get your affiliate link to your host? I wish my site loaded up as fast as yours lol
Hey very interesting blog!
I have been surfing online more than 3 hours today, yet I never found any interesting article like yours. It’s pretty worth enough for me. Personally, if all webmasters and bloggers made good content as you did, the internet will be much more useful than ever before.
Wow that was odd. I just wrote an extremely long comment but after I clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Anyway, just wanted to say wonderful blog!
I for all time emailed this webpage post page to all my friends, since if like to read it after that my links will too.
Hey very interesting blog!
Excellent blog here! Also your site lots up fast! What host are you using? Can I am getting your associate link in your host? I want my website loaded up as fast as yours lol
Do you have a spam issue on this site; I also am a blogger, and I was curious about your situation; many of us have created some nice methods and we are looking to swap solutions with other folks, why not shoot me an e-mail if interested.
Hi, its nice post about media print, we all understand media is a wonderful source of data.
If you are going for most excellent contents like I do, simply pay a visit this website daily as it provides quality contents, thanks
Does your website have a contact page? I’m having problems locating it but, I’d like to send you an e-mail. I’ve got some creative ideas for your blog you might be interested in hearing. Either way, great website and I look forward to seeing it expand over time.
Its like you read my mind! You seem to know so much about this, like you wrote the book in it or something. I think that you could do with some pics to drive the message home a bit, but other than that, this is great blog. An excellent read. I’ll definitely be back.
Hi there to all, because I am in fact keen of reading this website’s post to be updated regularly. It consists of nice information.
What’s up mates, good piece of writing and nice arguments commented here, I am really enjoying by these.
It’s impressive that you are getting ideas from this post as well as from our discussion made at this place.
of course like your website however you need to check the spelling on quite a few of your posts. Several of them are rife with spelling problems and I find it very bothersome to tell the truth however I will certainly come back again.
Informative article, exactly what I needed.