KBA News Feed http://www.koenig-bauer.com/ en Koenig & Bauer AG Tue, 24 Apr 2018 12:02:04 +0200 Tue, 24 Apr 2018 12:02:04 +0200 news-989 Mon, 23 Apr 2018 10:11:55 +0200 Koenig & Bauer wins ADC Award https://www.koenig-bauer.com/en/news/details/article/koenig-bauer-wins-adc-award/
  • Art Directors Club Award
  • Prize winner in the categories Design/Typography and Corporate Publishing
  • Jubilee publication unites tradition and modernity  
  • Koenig & Bauer has won this year’s ADC award. The Art Directors Club awarded the jubilee publication commemorating the company’s 200-year anniversary with the prestigious prize. Koenig & Bauer, a company steeped in tradition and founded in Würzburg, thus continues its winning streak with a raft of awards for products and publications.

    Every year, several thousand entries from Germany, Austria, Luxemburg and the German-speaking part of Switzerland compete for the bronze, silver and gold ADC award nails. 27 expert juries met on 16 and 17 April to examine various submissions in the different competition categories. A total of 378 creative judges assessed the originality, clarity, power, workmanship and enjoyment the entries bring.

    Koenig & Bauer received the Art Directors Club‘s bronze nail in two categories for its jubilee publication commemorating the company’s 200-year anniversary

    Koenig & Bauer submitted its publication commemorating the company’s 200-year jubilee to this year’s ADC award festival. The publication about the Würzburg printing press manufacturer’s tradition and modernity won the jury over in the categories “Design/Typography” and “Corporate publishing”. “The jubilee publication looks back at our 200-year history and our brand relaunch, while at the same time focusing on the beginning of the company’s third century,” says Dagmar Ringel, director marketing and corporate communications at Koenig & Bauer.

    The award ceremony which took place on 19 April in Hamburg was the highlight of this year’s ADC festival. The varied festival program included a conference and open-space discussions. The outstanding work of this year’s ADC award winners can be viewed in the Museum of Work in Hamburg from 18 to 29 April.

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    Web offset Digital printing Sheetfed offset Flexo printing Company / IR
    news-986 Fri, 20 Apr 2018 08:31:08 +0200 KBA-Asia Pacific expands sales team for flexo presses https://www.koenig-bauer.com/en/news/details/article/kba-asia-pacific-expands-sales-team-for-flexo-presses/
  • Growth market flexo print
  • Further EVO XD for Malaysia goes to Tomypak Flexible Packaging Sdn Bhd
  • Service and sales network expanded  
  • Carina Shia is the new sales manager for Southeast Asia (1)
    The Koenig & Bauer Group is expanding its sales capacities further to meet increasing demand for flexo technology. Carina Shia has been appointed new sales manager for Southeast Asia. Together with the local KBA-Asia Pacific service team, she will support KBA-Flexotecnica with developing their market share in this region. Carina Shia has worked in the print industry for around 20 years and has collected a wealth of experience in pre-press gravure printing while working for a renowned gravure cylinder manufacturer. Carina Shia has already sold a second flexo press to Malaysia within a short period of time, no doubt thanks to her extensive know-how. Andreas Friedrich, managing director KBA Asia-Pacific: “With Carina’s many years of experience in flexible packaging, her enthusiasm for print finishing and her strong network in this region, I am certain that she will help us attain our ambitious goals in Asia.”

    Tomypak Flexible Packaging Sdn Bhd opts for an EVO XD

    Tomypak Flexible Packaging Sdn Bhd was founded in 1979 and is now one of Malaysia’s leading converters for flexible packaging. The company was first listed on the Malaysia Stock Exchange in 1996. Over 400 employees specialise in the production and converting of flexible packaging for a raft of prominent customers. The company solely operated gravure presses until now. Following an extensive selection process, largely managed by Carina Shia, the company opted for an EVO XD and has subsequently expanded its product portfolio in flexo print. The press is scheduled to be delivered in the third quarter of 2018.

    New production site and location for the new EVO XD: Tomypak Flexible Packaging Sdn Bhd in Senai, Malaysia (2)

    The rise of flexo printing

    Flexo printing has a global growth rate of four to five per cent, and it is even higher in some regions. Improved print quality, based on mature pre-press and press technology, plays a key role. “We have a cutting-edge and extensive portfolio especially for our customers active in the growing packaging market. “Together with our partners in the industry and our product range, I am certain that I will be able to win over many customers with this technology,” says Carina Shia. Moreover, it is a key advantage that flexo printing inks contain a lot less solvents than gravure especially seeing as environmental protection is slowly gathering speed in many regions. This is an important factor not just for the environment, but also for the press operators.

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    Flexo printing Company / IR Market References & Showcases
    news-970 Thu, 19 Apr 2018 12:43:24 +0200 Visitors flock to the Koenig & Bauer fair stand https://www.koenig-bauer.com/en/news/details/article/visitors-flock-to-the-koenig-bauer-fair-stand/
  • All important print users on the stand
  • Rapida 75 PRO: One of the most comprehensive press installations at the fair
  • Exhibited press sold to Industria Grafica Sul  
  • The Rapida 75 PRO was a magnet for visitors at this year’s ExpoPrint Latin America (1)

    Koenig & Bauer presented print and finishing technology at its very best on a stand measuring close to 200 m² at the ExpoPrint Latin America trade fair which took place in Sao Paulo/Brazil from 20th to 24th March. The showpiece on the stand was a five-colour Rapida 75 PRO with coater and extended delivery. This modern half-format press was one of the largest and most comprehensive installations to be seen at the fair, and as such also an undeniable magnet for visitors. A K80 combi folding machine from MBO established a bridge to post-press finishing processes and further strengthened the positive impression of Koenig & Bauer for all publishing and commercial printing companies.

    Fair visitors were eager to gather detailed information on the modern technology of the Rapida 75 PRO (2)

    The Rapida 75 PRO was demonstrated in live production with fast job changes and production speeds up to 16,000 sheets per hour. During a series of practice-oriented presentations, it printed a variety of high-quality posters, cut-out models and games on paper and board.

    Koenig & Bauer was able to welcome all the country’s important print users to its stand, alongside countless representatives of print companies from the other countries of Latin America. The team of experts from both the Koenig & Bauer headquarters in Germany and the local Brazilian subsidiary had an exceptionally busy time explaining the group’s future-oriented products and services for efficient and economical print production. The Rapida 75 PRO was delivered directly from the fair stand to Industria Grafica Sul in Nova Candelaria.

    Information on the full portfolio of products, as well as the combi folding machine K80 from MBO (in the foreground), rounded off the presentations on the fair stand (3)

    Koenig & Bauer is looking forward to brisk post-fair business, following numerous promising discussions with sheetfed offset prospects during the five-day event. Great interest was shown not only in the half-format series Rapida 75 PRO and Rapida 76. Further enquiries addressed the widely popular medium format, and in a few cases also Rapidas for the large format classes.

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    Sheetfed offset Market
    news-964 Tue, 17 Apr 2018 12:45:28 +0200 Czech and Slovak Rapida printers meet at Koenig & Bauer https://www.koenig-bauer.com/en/news/details/article/czech-and-slovak-rapida-printers-meet-at-koenig-bauer/
  • 9th meeting of the Very Smart Offset Printers
  • Demos with fast job changes and high production speeds
  • Presentations of diverse inline finishing possibilities  
  • Large-format production with fully automatic pile logistics at 17,000 sheets per hour was one of the highlights for the visitors (1)

    Another interesting option: Register checking via smartphone (2)
    On 13th April, over 40 Rapida users from the Czech and Slovak Republics visited Koenig & Bauer in Radebeul for the ninth get-together in a now traditional series of annual information events. The group included a number of long-standing Rapida users, for example representatives of Grafobal, Model Obaly or Uniprint, as well as print companies which have only recently taken a sheetfed offset press from Koenig & Bauer into service. They are all members of the VSOP club, the association of “Very Smart Offset Printers”.

    The spectrum of topics at this year’s event was as broad as the Koenig & Bauer product portfolio: The first session was devoted to packaging printing. In cooperation with Actega and Billerud Korsnäs, interesting finishing effects with UV gloss coatings were demonstrated on a Rapida 106. Further print demos on a Rapida 145 placed fast job changes and dispersion finishes in the foreground. In both cases, there was at the same time opportunity to witness the convincing functionality of the Rapida LiveApp and ProductionApp.

    The print samples, here with high-quality matt/gloss finishing in a UV process, were subjected to exact scrutiny (3)

    The commercial printers were treated to live production on an eight-colour Rapida 106 coater press. On this highly automated medium-format press, autonomous printing with ErgoTronic AutoRun and the capabilities of the LED-UV process were the focal topics. Subsequently, the press produced samples of magazine covers with high-quality matt/gloss and drip-off effects. The practical demonstrations were rounded off with the creasing, die-cutting and stripping of pharmaceutical packaging on the rotary die-cutter Rapida RDC 106.

    Print and UV finishing at 18,000 sheets per hour on a seven-colour Rapida 106 coater press (4)

    An accompanying programme of technical presentations, an excursion to Meissen with a visit to the world-famous porcelain manufactory and a river cruise to Pillnitz completed the two-day agenda and offered plentiful opportunity for individual discussions.

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    Sheetfed offset References & Showcases Market
    news-962 Fri, 13 Apr 2018 11:02:39 +0200 WE-Druck invests in Koenig & Bauer newspaper press for the first time https://www.koenig-bauer.com/en/news/details/article/we-druck-invests-in-koenig-bauer-newspaper-press-for-the-first-time/

    • Highly automated newspaper press
    • Commitment to printed newspaper
    • Special new newspaper format

    WE-Druck in Oldenburg, Germany, has opted for a highly automated newspaper press from Koenig & Bauer for the first time with the investment in a Commander CL. The printshop can now pump out up to 110,000 four-colour newspapers per hour in the customers’ preferred format. “We upgraded our entire postpress equipment three years ago and the investment in a new newspaper press line was the next logical step. We were bowled over not just by the technology, but also by the team from Koenig & Bauer. The Commander CL will be the new heart of our printing house,” says Harold Grönke, managing director of Nordwest-Zeitung Verlagsgesellschaft. The company views this latest investment as an important step in producing its numerous print titles more efficiently and cost effectively, as well as meeting today’s demands for high quality. KBA-Digital & Web Solutions sales director Stefan Segger: “We are currently seeing a focus on practical and highly automated presses when it comes to new investments. And we have an outstanding reputation in these areas with our Commander CL, Commander CT and Cortina. The Commander CL is extremely popular with our customers at the moment given its high level of performance and flexibility.” The Commander CL is scheduled to come on stream in summer 2019. “Our talks with Koenig & Bauer were very constructive right from the very beginning. However, it was also important for us to visit print firms which operate Commander lines in order for us to get feedback. This was incredibly positive,” says Margit Schweizer, senior manager at WE-Druck.  

    Shortly after signing the contract (l-r): Stefan Hechler, head of plant technology WE-Druck; Harold Grönke, managing director WE-Druck; Günter Noll, sales manager KBA-Digital & Web; Margit Schweizer, head of newspaper postpress WE-Druck; Stefan Segger, sales director KBA-Digital & Web; and Rainer Neugebauer, head of web printing WE-Druck

    Young, modern and independent printshop

    WE-Druck is a division of the NWZ-Mediengruppe media group and has been on the market as an independent printing house since 1982. 80 employees currently make sure that more than 1.5 million newspapers are produced and some 7 million supplements are inserted. Alongside daily and weekly newspapers the Nordwest-Zeitung, the Ostfriesen-Zeitung and several Sunday titles, the company also prints various monthlies.

    Highly automated, productive and easy to use

    The Commander CL will have three four-high towers for four-back-four printing, two KF 5 jaw folders and three Pastomat C reelstands embedded in a Patras A automated logistics system. The extensive automation package, which includes RollerTronic roller locks, CleanTronic cylinder washing systems, colour and cut-off register controls, and automatic plate change, reduces makeready times, waste and operating and maintenance efforts to a minimum. The Commander CL will be controlled by an ErgoTronic console incorporating EasyTronic for optimal press start-up and automatic run-down, and embedded in a complete EAE workflow with an open interface architecture. The Koenig & Bauer MobileConsole, a Tablet compatible with industrial use as a fully mobile console with all operating functions, is also new and helpful. Press operators and maintenance personnel can make changes or corrections from any position at the press. Provision has been made for the future additions of an auto-mated colour measurement and control system, and a further printing tower.

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    Web offset References & Showcases Market
    news-959 Fri, 06 Apr 2018 12:38:31 +0200 New sales and marketing director at KBA-Flexotecnica https://www.koenig-bauer.com/en/news/details/article/new-sales-and-marketing-director-at-kba-flexotecnica/
  • Growth market flexo print
  • Fruitful cooperation with Digital & Web
  • New service offers
  • Webshop available from April    
  • Stefano Squarcina is the new sales and marketing director at Flexotecnica (1)
    Stefano Squarcina, who has worked with considerable success in various segments of the packaging market over the past years, has been appointed sales and marketing director at KBA-Flexotecnica. With this latest expansion of its sales capacities, the Koenig & Bauer Group has added further momentum to its declared course of sustainable growth on the market for flexible packaging. “KBA-Flexotecnica holds enormous potential. We have seen a very successful start to 2018 and have already sold significantly more CI flexo presses than in the same period last year. We are able to offer customers a very modern and comprehensive product portfolio,” says Stefano Squarcina.

    The cooperation between the group business units Flexotecnica and Digital & Web Solutions was intensified further last year. Koenig & Bauer executive board member Christoph Müller: “We have integrated our sales channels wherever possible and can now reap the benefits. At the same time, our service teams are working together ever more closely to offer our customers the best possible performance and results.” 

    Service 4.0 with AR-DataGlass: Audio-visual support places a factory specialist at the technician’s side (2)

    Augmented reality and new service offers

    Many services which are already being successfully realised on the web offset market can also be offered by KBA-Flexotecnica in future. The use of augmented reality, for example, enables faults to be identified and rectified even faster. With the AR-DataGlass, Koenig & Bauer specialists are able to see and follow the actions of the technicians on site in real time while they work on the press and can thus offer targeted support. The real and virtual worlds blend into one, and intervention times are reduced significantly. “Flexotecnica is also introducing the very successful concept of modular service contracts to enable our customers to tailor services to their individual needs,” says Christoph Müller. Another pending milestone is the opening of a webshop for KBA-Flexotecnica in April this year. 

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    Flexo printing Company / IR
    news-948 Wed, 28 Mar 2018 11:54:26 +0200 Koenig & Bauer offers close-up insights into rotary die cutting https://www.koenig-bauer.com/en/news/details/article/koenig-bauer-offers-close-up-insights-into-rotary-die-cutting/
  • Production speeds up to 15,000 sheets/hr
  • One machine, three segments, five technologies
  • Economical for all run lengths 
  • Under the motto “Ready for the next step!”, Koenig & Bauer invited trade professionals to its Radebeul facility in the second half of March to learn more about the benefits of rotary die-cutting on the Rapida RDC 106 in packaging, label and commercial production. During the course of each one-day workshop, up to 20 participants were able to test the claims made about the innovative rotary die-cutter for themselves and gained a first-hand impression of its performance capabilities.

    Mario Gerber (left), senior sales manager for postpress solutions at Koenig & Bauer, and Michel Faust, CEO of KBA-France, explain the die-cutting process on the Rapida RDC 106. In the background: A single-unit machine for the processing of inmould labels (1)

    The Rapida RDC 106 brings printed sheets into final shape both efficiently and precisely, whether labels, business stationery or folding cartons. With production speeds up to 15,000 sheets/hour, makeready savings of 40% and more, and up to 65% higher efficiency, the Rapida RDC 106 is a genuine game-changer compared to traditional flat-bed die-cutters. At the same time, different equipment variants for the individual units enable several processes to be combined on a single pass through the machine: Die-cutting/kiss-cutting, hole punching and extraction, creasing/embossing, stripping – everything is possible. The Rapida RDC 106 is a single machine handling five technologies for three market segments.

    All the covers were opened to offer visitors close-up views of the die-cutting formes and a first-hand impression of the precision with which the die-cutting pressure can be set (2)

    During the workshops, the visitors witnessed high-speed die-cutting production and fast job changeovers. The demonstrations were tailored to the interests of each group and ranged from pencil boxes and pharmaceutical packaging to banderoles, self-adhesive stickers and a diversity of labels. The two demo machines processed not only 60 µm inmould label films, but also 260 gsm board.

    Alongside the practical presentations, the workshops offered ample opportunity to explore the technical details of the Rapida RDC 106. Technicians and operators willingly opened guards and covers to allow the visitors a close-up view of the die-cutting units, where they could familiarise themselves with the high-precision adjustments (e.g. setting of the die-cutting pressure in 1 µm steps, separately for each side) and follow the fast forme changing with their own eyes.

    Convincing performance: Creasing, cutting and stripping at 15,000 sheets/hr. Only recently, the machine was presented at the world record speed of 17,000 sheets/hr (3)

    With its high production speeds, the Rapida RDC 106 is ideal for long runs, but thanks to the fast job changeovers equally economical on short runs. The times in which two die-cutters were necessary to keep pace with the print output from a sheetfed offset press are a thing of the past with the Rapida RDC 106.   

    Early adopters and further prospective users of the rotary die-cutter Rapida RDC 106 are already to be found in Germany, Denmark and France, and even as far afield as Brazil and Japan.

    The visitors were full of praise for the production results, here kiss-cutting of a self-adhesive label (4)

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    Sheetfed offset Market Ideas & Innovation
    news-942 Thu, 22 Mar 2018 07:26:00 +0100 Koenig & Bauer achieves or exceeds targets for 2017 https://www.koenig-bauer.com/en/news/details/article/koenig-bauer-achieves-or-exceeds-targets-for-2017/
  • New orders up 10.1%
  • 4.3% increase in revenue
  • Book-to-bill ratio of 1.04
  • 8.7% increase in order backlog
  • EBIT margin of 6.7%
  • Equity ratio of 36.4%
  • Net liquidity including securities of €121m
  • Dividend of €0.90 per share proposed
  • Group targets for 2018: revenue growth of around 4% and an EBIT margin of around 7%  
  • Driven by strong revenue and earnings in the fourth quarter, Koenig & Bauer fully achieved or exceeded its guidance for 2017. The printing press manufacturer’s consolidated figures show that with the increase in revenue, earnings and order intake achieved last year it is well on track towards achieving its medium-term targets by 2021.

    Growth in the packaging markets and service business, further market share gains

    With security business remaining strong, Koenig & Bauer achieved growth in the packaging markets for cardboard printing, metal, glass and hollow container decorating and coding as well as with new products such as rotary and flatbed die-cutters. Market share was widened in all business fields. CEO Claus Bolza-Schünemann: “In addition to the market success of the rotary die-cutter, the sharp rise in new contracts for flatbed die-cutters over the previous year exceeded our expectations substantially.” Moreover, the group’s revenue and earnings growth was particularly underpinned by expansion in service business. Thus, the proportion of group revenue generated by service business widened from 23.5% in the previous year to 25.6%. CFO Mathias Dähn: “This shows that the group-wide service initiative launched at the beginning of 2016, with which we want to widen the share of service business in group revenue step by step to 30% by 2021 in the interests of greater earnings potential and stability, is now beginning to bear fruit. We want to create satisfied and loyal customers by offering excellent service. At the same time, rising service revenue is an important measure of customer satisfaction for us.”

    Koenig & Bauer has developed the sheetfed flexo presses CorruFLEX and CorruCUT (with an integrated rotary die-cutter) for the large and fast-growing market of analogue direct printing on corrugated board. In early 2019 a CorruCUT system will be installed at the pilot customer Klingele (1)

    Progress made in projects for additional profitable growth

    Koenig & Bauer is working intensively on further applications in packaging, digital and industrial printing to achieve additional profitable growth beyond its medium-term targets. One key aspect is corrugated board printing, which is flourishing at above-average rates thanks to long-term trends such as home-shopping as well as more sophisticated and colourful outer packaging. CEO Claus Bolza-Schünemann: “We have already started marketing the sheetfed flexo presses CorruFLEX and CorruCUT (with an integrated rotary die-cutter), both of which have been developed with a number of unique features. In early 2019 we will be installing a CorruCUT system at the pilot customer Klingele.” A further target market is 2-piece can printing. Explains CFO Mathias Dähn: “As a globally leading supplier of presses for 3-piece can printing, we want to expand our profile by entering the 2-piece can market. Presented in May 2017 with a number of important advantages for users, the newly developed CS MetalCan press for 2-piece can decorating met with strong customer interest. Following two contract signings, we are now able to commence intensive field-testing with the target of sales launch at the end of 2018.” In digital printing, Koenig & Bauer sees an additional growth option as digitisation no longer poses any substitution risks in the markets addressed by the company.

    Good group business performance in 2017

    At €1,217.6m, group revenue reached the target corridor of up to €1.25bn defined in the guidance. With revenue up 4.3% over the previous year (€1,167.1m), Koenig & Bauer fully achieved its mid-term organic revenue growth rate of around 4% p.a., thus more than making up for the further decline of €25m in revenue from newspaper and commercial web presses. The group’s new orders rose substantially by 10.1% over 2016 (€1,149.7m) to €1,266.3m. With orders up 29.7% over the previous year, the fourth quarter was particularly strong. The book-to-bill ratio came to 1.04, while order backlog stood at €606.2m, up 8.7% on the previous year.

    EBIT margin of 6.7% exceeded guidance of around 6% for 2017

    The increased revenue in tandem with more service business across the Group caused the profit rise. In addition to expenses for portfolio additions, new products and IT systems, earnings came under strain from production service provider KBA-Industrial Solutions and the measures to optimise flexible packaging printing. Adjusted for the non-recurring income in the previous year, EBIT climbed from €62.9m to €81.4m. Driven by the positive earnings development and outlook for the group, a tax income of €12.7m arose again from the recognition of deferred tax assets. At €81.1m, group net profit (previous year: €82.2m) translates into earnings per share of €4.91 in 2017 (2016: €4.98).

    Following two contract signings for the CS MetalCan 2-price can decorating system with its many unique features, intensive field-testing is commencing with the target of sales launch at the end of 2018 (2)

    Dividend of €0.90 per share proposed

    “Thanks to the positive earnings performance and the retained profit generated by the holding company Koenig & Bauer AG, we are able to continue our dividend policy with a distribution rate of between 15% and 35% of the group’s net profit,” said CEO Claus Bolza-Schünemann. Accordingly, the Management Board and the Supervisory Board will be asking the shareholders to approve a dividend of €0.90 per share at the annual general meeting on 9 May 2018. This is equivalent to a dividend ratio of 18.4% of Group net profit.

    Order and earnings momentum continuing for Sheetfed

    Driven by innovative, bespoke solutions for folding carton and commercial printing as well as a broader sales and service footprint in the markets of the future, order intake in the Sheetfed segment, which as the largest segment is dominated by packaging printing, rose by 15.2% over the previous year (€569.7m) to €656.2m. Revenue climbed by 7.3% over 2016 (€615m) to €660.2m. EBIT increased from €31.3m in the previous year to €37.5m, with the EBIT margin widening from 5.1% to 5.7%.

    Digital & Web investing in the markets of the future

    Digital & Web order intake and revenue fell short of the previous year primarily as a result of the expected further decline in orders for newspaper and commercial web presses. Segment earnings came under strain from optimisation efforts for flexible packaging printing as well as R&D expenses, resulting in an EBIT of –€4.3m, down on the previous year’s figure of €0.5m. CFO Mathias Dähn: “With the measures taken in flexible packaging printing, a turnaround is apparent, although it will be important to continue to take the right actions to close the gap between our company and the successful leaders of this attractive market.”

    Order intake, revenue and earnings were particularly gratifying in flatbed die-cutter business in 2017 (3)

    Order intake, revenues and profit up in the Special segment

    Growth in orders for security printing, metal and glass/hollow container decorating as well as coding boosted order intake by 16.1% to €533.7m (2016: €459.7m). Revenue grew by 5.3% from €444.3m in the previous year to €467.9m. Following a segment profit of €44.3m in the previous year, EBIT of €53.7m was recorded in 2017.

    Stronger balance sheet and financial power

    Cash flows from operating activities increased slightly from €21.9m in the previous year to €23.8m despite the higher net working capital. Following the successful efforts to reduce working capital in large parts of the group, the measures already taken to optimise receivables and inventories in security printing will not have short-term effects. The free cash flow of –€59.6m (2016: €2.3m) was burdened by high investments (€48.5m) and payment instalments (€36.8m) made for the external funding of a part of the pension provisions. As well as the internal liquidity generated by operating business, the group has access to credit facilities provided by a syndicate of renowned banks. In addition to a guarantee facility of €200m, the syndicated finance includes a revolving cash credit facility of €150m with an option to increase it by €50m. The facilities have a term of five years plus two one-year renewal options up until December 2024. The solid balance-sheet structure was additionally improved with the increase in the equity ratio from 31.1% to 36.4%.

    Group targets for 2018: revenue growth of around 4% and an EBIT margin of around 7%

    In the absence of any material deterioration in global economic and political conditions for our international business, Management Board expects to achieve organic growth of around 4% in group revenue and an EBIT margin of around 7% in 2018.

    CFO Mathias Dähn: “In addition to the favourable global economy and the outlook for the consistently growing packaging and industrial printing industry, our forecast is based on the 10.1% increase in order intake and the further gains in market share achieved in all business fields. A strong basis is also provided by the 8.7% rise in the order backlog to €606.2m and the progress made in the €70m EBIT increase projects by 2021. The incremental growth in the revenue share of service business to 30% and the performance improvement project in security printing should each contribute around €20m and the integrated production network and strategic purchasing each around €15m to earnings growth. At the same time, we will be raising the prices of our entire product range by 3.7% effective 1 April 2018 in response to rising costs. Even so, the targeted growth investments are leaving traces on our cost position. Our guidance for 2018 put us on track to achieving our EBIT margin target of 9% and an organic revenue growth rate of around 4% p.a. by 2021. We would expect to reach the lower edge of our EBIT guidance of between 4% and 9% in the event of more adverse conditions in the global economy and the end markets, particularly as a result of volatile security printing business.”

    In the first quarter of 2018, Koenig & Bauer will be completing the partial external funding of its pension provisions commenced in 2017 and initially planned for a period of five years. The final payment will be in the same amount as all the previous payments made in 2017. At the time of transfer of the claims to the beneficiaries, the reinsurance claims recognised within financial receivables will be netted against pension provisions. This reduction in the balance sheet will additionally improve the equity ratio and will bring it closer to the target of over 45%.

    Figures at a glance 

    The financial statements can be downloaded as a PDF file from here

     

     

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    Flexo printing Sheetfed offset Web offset Digital printing Market References & Showcases Company / IR Ideas & Innovation
    news-938 Tue, 20 Mar 2018 14:42:01 +0100 Metzgerdruck and abcdruck choose MIS Optimus Dash https://www.koenig-bauer.com/en/news/details/article/metzgerdruck-and-abcdruck-choose-mis-optimus-dash/
  • Implementation with further process automation modules
  • Mapping of business processes at two locations
  • Award as TOP100 Innovator 2017  
  • The kick-off meeting for the implementation of an MIS solution from Koenig & Bauer at the two companies Metzgerdruck und abcdruck was held in Obrigheim in the so-called Rhine-Neckar metropolitan region of south-western Germany on 22nd February. One interesting detail: Both companies have to date used mainly press equipment from other manufacturers.

    The subject of workflow gained particular significance with the merger of the two companies Metzgerdruck in Obrigheim and abcdruck in Heidelberg. Different management information systems were originally in use at each of the two locations, but the plan for the future was to replace both existing solutions. To this end, the implementation of Optimus Dash, including key process automation modules for JDF networking, sheet layout optimisation/gang forme planning, enquiry and quotation management and order processing, as well as the mobile sales solution Cloud Mobile coupled with a CRM system, is to be completed by the end of the year.

    At the kick-off meeting (left to right): Heike Ott, Koenig & Bauer; Peter Pink and Ralf Winkler, Metzgerdruck; Henny van Esch, Optimus; Frieder Hertzsch, abcdruck; Dirk Lohmann, systems connect (1)

    High degree of flexibility

    Management representatives on both sides recognised that the outstanding flexibility of the MIS solution from Koenig & Bauer would enable clear mapping of all business processes at both locations – for both their digital and commercial print activities and including the interfaces to existing web-to-print applications.

    Optimus Dash is to be installed with numerous process automation modules at the two locations in Obrigheim and Heidelberg (2)
    The strength of Optimus Dash lies in its flexible, product-oriented templates. Calculations require only a minimum of inputs and new jobs can be created in next to no time. This supports ultimate streamlining of the administrative processes and fast job turnarounds in the sense of lean management.

    Innovation motor in the Rhine-Neckar metropolitan region

    As innovation motors in the Rhine-Neckar metropolitan region, Metzgerdruck and abcdruck are softening the divide between online and offline media, and similarly between customer and service provider. From classic print products, via web-to-print applications, through to app and website development, Metzgerdruck covers a broad diversity of processes, and it was above all for this all-embracing media competence that the company was voted among the 100 most innovative companies in Germany. The main specialisation in terms of classic print is on high-quality brochures and magazines, including in-house perfect binding and logistics services.   

    abcdruck has been a source of high-quality print products for 60 years. In addition to printing, the company offers lettershop and warehousing services, as well as web-to-print solutions. abcdruck is in this respect a multi-service partner for corporate communication with a focus of digital process optimisation, digital print and special applications such as letterpress.

    Together, Metzgerdruck and abcdruck are in every way “a powerful team”.

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    Sheetfed offset References & Showcases
    news-934 Thu, 15 Mar 2018 13:00:01 +0100 Koenig & Bauer receives iF Design Award https://www.koenig-bauer.com/en/news/details/article/koenig-bauer-receives-if-design-award/
    The RotaJET from Koenig & Bauer receives the iF Design Award 2018 (1)
    Koenig & Bauer has been named among the winners of this year’s iF Design Award and can thus point proudly to a world-renowned seal of design excellence. At the grand award ceremony on 9 March 2018, the RotaJET web press picked up the coveted trophy in the discipline “Product design”.

    A jury of 63 international experts evaluated over 6,400 entries from 54 countries before selecting the prizewinners in seven disciplines. The RotaJET from Koenig & Bauer convinced the jury by reconciling perfect functionality with modern design language. The silver and grey colour scheme which characterizes the outward appearance is accentuated by a highly distinctive blue segment with a backlit company logo. Particular mention was also made of the uncluttered and ergonomic  operating concept, which is immediately approachable to the user. “This award adds another element to our new brand image and is proof that we are on the right track”, said a delighted Dagmar Ringel, head of marketing and corporate communications of Koenig & Bauer.

    The RotaJET at the demonstration center of Koenig & Bauer in Würzburg (2)

    For 65 years now, the iF Design Award has served as an internationally recognised label for outstanding design and is one of the world’s most important design awards. Each year, top design achievements are honoured in seven disciplines – product, packaging, communication and service design, architecture, interior architecture and professional concept. The awards are organized by the iF International Forum Design GmbH in Hannover, the oldest independent design institution in the world. This year’s prizewinners were celebrated by 2,000 guests from 36 countries at the iF Design Award Night which was held at BMW Welt in Munich.

    All winning entries are presented in the iF World Design Guide and featured in the iF design app. An exhibition of the best submissions from the discipline “Product design” will be running from 21 June to 16 September 2018 in the HafenCity district of Hamburg.

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    Digital printing Market