16 August 2023
Manroland Sheetfed Hits record Profits
OFFENBACH, GERMANY—
Main manufacturing plant in Germany
Main manufacturing plant in Offenbach , Germany
 Manroland Sheetfed, posted record profit for the first six months, and said the print industry is facing monumental changes. The group recorded profits of €52.2m for the 6 months to June and is forecasting €125m for the full year, on revenues of €1.3bn. The Manroland Sheetfed business was the hardest hit of all Langley’s businesses during the pandemic, but has now gone through a streamlining and factory reorganisation, the results of which the company says will be seen next year.
Tony Langley CEO
Tony Langley CEO
The company now has 1500 staff, with 900 in Germany and the rest working in the 40 sales and service organisations around the world, which Langley said “made a positive contribution” to the first half results. Chairman and CEO Tony Langley said demand for traditional print media is “dwindling” but said demand for packaging print and other areas are “increasing strongly”, and its Print Technologies Division , which includes Manroland Sheetfed and Druck Chemie, are “adapting and rising to the challenge.”
Comments:
NEW ON THE JOB BOARD | RSS
Total Job Board Listings: 1
New This Week: 0
CLICK HERE to post your job opening
LATEST USED EQUIPMENT | RSS
Total Used Equipment Listings: 18
CLICK HERE to list your equipment
CLASSIFIED | RSS
Company wanted
CLICK HERE to list your business opportunity in the printing industry
Most Recent News Comment
Harold says:
CPC has been losing millions for years now, it's no secret that less and less people need to use CP ...
North Island Publishing PrintCAN Print Jobs Canada’s Estimators' & Buyers' Guide MastheadOnline PaperFinder Print World 2010 Design City
Graphic Monthly Print Equipment gutenbergs' guide COPA industrial print