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Koenig & Bauer now sets €1.5bn sales goal

Koenig & Bauer has said that orders for new presses have “largely shrugged off the effects of recent political and economical developments”, as the group posted its highest EBIT figure in more than 200 years of trading.
The Germany headquartered press manufacturer had been held back by issues around the availability of parts last year, particularly at its largest unit the Sheetfed division, where sales slipped by 2% to €647.4m, but despite this also having a dampening effect on new business, the group still managed to post sales for calendar year 2018 that were slightly up at €1.23bn.
Earnings before interest and taxes (EBIT) reached €87.4m (2017: €81.4m) the highest level ever at the company, which celebrated 200 years in business in

Antalis sales and profits slip

Paper merchanting group Antalis has posted its year-end results, with a perfect storm of Brexit uncertainty, currency fluctuations and declining paper volumes heavily impacting profitability.
The figures to 31 December showed sales across the group had slipped 2.8% to €2.31bn (£1.98bn. 2017: €2.38bn), while EBITDA fell 11.5% to €74.7m.
The group’s report attributed weaker revenue to a 7% decline in paper volumes across Europe, as well as negative impact from the decline of the pound and the Swiss

Flint Group announces the grand opening of its regional Technology Center Asia Pacific (ATC)

Flint Group have announced the grand opening of its regional Technology Center Asia Pacific (ATC), located at the Shanghai Publishing and Printing College (SPPC), No.100 Shui Feng Road, Shanghai, China. The Technology Center allows continued expansion of technical support, services and provides a location for state-of-the-art development, plate manufacturing, training, and education. The company has invested about €2 million in the technology centre, where Flint Group technicians cooperate with

Agfa revamps

Agfa has revamped its divisional structure and created three separate divisions for its print-related activities, as the group seeks more partnerships for future growth. Speaking as Agfa-Gevaert Group announced its year-end results to 31 December 2018, chief executive Christian Reinaudo said the business had made “major steps to transform our group”. Its Healthcare IT business has been renamed Agfa Healthcare and has been separated from the rest of the group. The former Agfa Graphics and

Asia Print Expo 2019 attracted many visitors

Asia Print Expo 2019, which took place from 21 to 23 February in Bangkok, Thailand, has been hailed a success by both visitors and exhibitors, cementing the event’s position as a meeting point for Asian screen, digital and textile printers and signage. 4,207 individual visitors travelled to Asia Print Expo 2019 from 54 countries. Taking into account visitors attending the event across multiple days, the show attracted a total of 4,681 visitors, an increase of 8% compared with FESPA Asia 2018