Printing Industry News for Canada | RSS | 
24 May 2023
Koenig & Bauer Having Dynamic Year
WüRZBURG, GERMANY—
Koenig & Bauer the second largest offset sheet press manufacture in the world got off to a dynamic start in the 2023 financial year and recorded revenue growth in all segments. In a difficult market setting, with high rates of inflation worldwide and a temporary lasting rise in the cost of materials, profitability improved in the first quarter of 2023. Revenue in the Digital & Webfed segment rose by 26.8% in the first quarter of 2023, driven by strong demand for the RotaJET roll digital printing system.
 |
|
RotaJET digital printing systems have been a star performer .
|
 |
|
Offset sheet fed press sales have done well.
|
Customer demand is huge in both the beverage carton and book printing sectors. The Sheetfed segment generated revenue growth of 23.5% and benefited from the high level of new orders at the end of the year. In the Special segment, demand in the Banknote Solutions (banknote and security printing), MetalPrint (metal packaging) and Kammann (direct decoration of hollow bodies made of glass and plastic) showed a positive trend. Revenue in this segment improved by 6.4%. Specifically, Koenig & Bauer expects Group revenue of €1.3bn.
Post a Comment
Comments:
NEW ON THE JOB BOARD | RSS
CLICK HERE to post your job opening
LATEST USED EQUIPMENT | RSS
CLICK HERE to list your equipment
 |
|
|
|
|
Total Used Equipment Listings: 18
CLASSIFIED | RSS
CLICK HERE to list your business opportunity in the printing industry
| Company wanted |
Most Recent News Comment
|
|
| Harold says: | |
Most Read Stories
THE PRINT WIRE
Other news from the industry
