Koenig & Bauer News Feed https://www.koenig-bauer.com/ en Koenig & Bauer AG Mon, 15 Aug 2022 11:00:48 +0200 Mon, 15 Aug 2022 11:00:48 +0200 news-2324 Wed, 03 Aug 2022 10:01:51 +0200 Parksons Packaging orders four sheetfed offset presses from the Rapida 106 series http://metalprint.koenig-bauer.com/en/news/details/article/parksons-packaging-orders-four-sheetfed-offset-presses-from-the-rapida-106-series/
  • Production to commence from August 2022
  • Soon more than 130 Rapida printing units in use
  • Eight production locations in total following the acquisition of Manohar Packagings
  • Ramesh Kejriwal (2nd from left) ordered four Rapida 106 presses from Koenig & Bauer. During a visit to the manufacturing plant, he was happy to pose with senior sales manager Bhupinder Sethi and Global senior sales director Dietmar Heyduck from Koenig & Bauer, as well as Aditya Surana, managing director of sales partner Indo Polygraph Machinery (left to right), in front of a press from the 106 series

    Parksons Packaging has been one of India’s most prominent Rapida users. More than 100 printing and finishing units are in use at the eight production plants operated by the packaging group. And more are now joining that number: Parksons Packaging recently concluded the biggest single order by an Indian customer to date and is investing in four high-performance Rapida 106 presses for the extended medium format. The presses concerned – for the most part six-colour coater presses, comprising a total of 29 printing and finishing units – will, in turn, be used in several production locations spread across the Indian subcontinent. 

    One of the four presses – a Rapida 106 seven-colour coater press – has already been installed at the Rajpura plant in the northern Indian state of Punjab. The second is currently en route to Sri City in Andhra Pradesh. The third press has been earmarked for shipment in December and the fourth by April next year. 

    Packaging print in medium and half formats

    Come April 2023, Parksons Packaging will have installed and commissioned 17 sheetfed offset presses from Koenig & Bauer, mainly in medium format, but with one also in half format (max. sheet format 530 × 750 mm). That adds up to more than 130 printing and finishing units.

    Even apart from the latest press investments, Parksons Packaging is on a clear growth trajectory. At the end of last year, the group acquired Manohar Packagings, a specialist producer of packaging for alcoholic beverages with plants in Goa and Rajpura. This now puts eight production facilities at Parksons’ disposal in seven different locations – in Rudrapur, Chakan, Daman, Goa, Rajpura, Sri City and Guwahati. 

    High-performance Rapida technology

    Not for the first time, the team at Parksons Packaging were won over by the outstanding productivity of sheetfed offset presses from Koenig & Bauer. Frequent reductions in job changeover times of 30 to 40 per cent have been made possible.

    Interesting website: www.parksonspackaging.com

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    news-2317 Fri, 29 Jul 2022 06:56:50 +0200 Koenig & Bauer well positioned in the first half of 2022 despite all the external uncertainties http://metalprint.koenig-bauer.com/en/news/details/article/koenig-bauer-well-positioned-in-the-first-half-of-2022-despite-all-the-external-uncertainties/
  • New orders up roughly 13% to €692.9m in the first half of the year
  • Strategic merger of a leading manufacturer in the growth market of corrugated board
  • Early renewal of the contracts for Management Board members Müller and Sammeck
  • Independence from pipeline gas being stepped up to achieve maximum self-sufficiency
  • At €491.8m, revenue almost completely unchanged over the previous year with a sequential improvement by quarter
  • Business performance still heavily impacted by the pandemic, supply chain bottlenecks and the related increase in the cost of materials and energy
  • Operating earnings improved despite increase in inefficient production costs
  • Savings of around €22m achieved under the P24x efficiency programme in the first half of the year
  • Full-year forecast for 2022 and medium-term goals reaffirmed
  • The Koenig & Bauer Group (“Koenig & Bauer”) can look back on a challenging first half of 2022. The current operating environment is one of the most difficult in Europe’s recent history. Almost all manufacturing companies are caught between high customer demands on the one hand and a long list of adverse factors mainly on the supply side on the other. “Despite all the current uncertainties and temporary effects, we are well positioned in multiple respects and are continuing to strategically align our business model along the growing market for packaging”, says Dr Andreas Pleßke, Chief Executive Officer of Koenig & Bauer, adding that “our end markets, which primarily address the food, beverage, pharmaceutical, and cosmetics sectors, are healthy”.

    With “un:boxing”, Koenig & Bauer is highlighting a phenomenon of our time that shows like no other the interwovenness of the digital and analogue world: a product ordered online is unpacked while the camera is running – the video is uploaded, consumed, shared and liked

    Order intake boosted by growth in the Sheetfed and Digital & Webfed segments

    Customers ordered around 13% more in the first half of 2022 than in the already good period of the previous year. This performance was particularly underpinned by the increase of around 22% in orders in the Sheetfed segment and of around 46% in the Digital & Webfed segment. At €692.9m, order intake was once again above the industry-wide average for printing presses in the first five months, rising by just under 5%. At around €1bn, Koenig & Bauer’s order backlog as of 30 June is one of the highest in the company’s recent history. The customers’ investment decisions are thus showing that Koenig & Bauer has done a good job in recent years and that the decision to focus on products and solutions on the structurally growing market for packaging is paying off.

    Koenig & Bauer is systematically pursuing this path and has now joined forces with Celmacch Group S.r.l., a leading manufacturer of high board line flexographic printing presses and rotary die cutters for the corrugated board industry. Koenig & Bauer already addresses the corrugated cardboard market, which accounts for the greatest proportion of the total market for packaging in terms of value, with CorruCUT and CorruFLEX. Looking forward, Celmacch will trade under the name Koenig & Bauer Celmacch and the joint product family will cover all price and performance classes in this market segment under the name “Chroma”. Christoph Müller, the member of the Management Board responsible for the Digital & Webfed segment, comments: “The success of this merger is based on complementary skills to actively leverage opportunities for growth in the corrugated cardboard market.”

    Early renewal by the Supervisory Board of contracts to ensure continuity on the Management Board

    In this context, Christoph Müller’s contract has been renewed ahead of schedule, meaning that he will remain on the Management Board until 30 June 2026, after being initially appointed in 2006. He is responsible for new developments in corrugated board and digital printing as well as strategic partnerships, such as with hp. This renewal will ensure the smooth integration of Celmacch within Koenig & Bauer’s global sales and service network. Ralf Sammeck has been a member of the Management Board since 2007. He is responsible for the digital transformation within the Group and, with his experience, will ensure that the Sheetfed segment continues to expand its successful position in the growing packaging market and to drive forward digitisation even after drupa 2024. His contract has been renewed by a further year until 30 June 2025.

    Independence from pipeline gas being stepped up to achieve maximum self-sufficiency

    Continuity and independence – these are two characteristics that are paying off twice in the current situation given the list of adverse factors: geopolitical uncertainties, an impending gas supply freeze and the disruption to global supply chains. Over the last few months, Koenig & Bauer has been working on reducing its reliance on pipeline gas ahead of an imminent gas shortage. This means that the process gas previously required for production can be completely substituted from the end of July 2022. In addition, supplies of fuel for heating energy will be modified at the main production sites by the beginning of September. Unforeseen fluctuations in the power grid cannot be ruled out as a consequence of limited gas supplies. Koenig & Bauer is also prepared for this scenario and, with the measures taken, sees its own production in all European plants as very largely secured, even in the event of a possible Russian gas supply freeze.

    Operating earnings improved despite increase in inefficient production costs resulting from disruptions to global supply chains

    At €491.8m at the end of the first six months, Group revenue was virtually unchanged over the previous year and well above the industry average, which revealed a decline of around 13% after the first five months. In terms of the individual quarters, revenue in the second quarter was higher than in the same quarter of the previous year as well as the first quarter of 2022. With respect to earnings, the higher cost of materials and energy was almost completely offset by the price increases that had been announced. However, the proportion of inefficient production costs widened in the second quarter due to worldwide disruptions to supply chains. They are also necessitating additional or retro work on systems and presses and exerting strain on productivity at the plants and on site at the customers. The central purchasing system introduced under the P24x efficiency programme is also paying off given the disrupted global supply chains. Generally speaking, successful progress was made with the P24x programme in the first half of the year, resulting in savings of around €22m. At €-13.8m, Group earnings before interest and taxes (EBIT) were still in negative territory. The previous year's figure of €6.4m had been boosted by an amount of €21.3m resulting from the more efficient implementation of the P24x personnel measures and stood at €-14.9m in operating terms. Accordingly, operating EBIT improved by €1.1m, corresponding to an operating EBIT margin of -2.8%, compared with -3.0% in the previous year. After income taxes, the Group posted a net loss of €-15.8m as of 30 June 2022 (previous year: net profit of €1.1m). This translates into earnings per share of €-0.98 (previous year: €0.05). Given the Group equity ratio of 29.1% (end of 2021: 28.7%), Koenig & Bauer is financially well positioned thanks to this equity base and the freely available cash and cash equivalents of more than €250m.

    Full-year forecast for 2022 and medium-term goals reaffirmed

    The second half of the year continues to be marked by great uncertainties. The global disruptions to supply chains are just as unpredictable as the geopolitical situation and high inflation in Europe and the United States and could place a damper on the global economy in the second half of the year. This is exacerbated by the currently unknown course of the pandemic in the winter months. The planned delivery of our presses and systems for the second half of 2022 poses a major challenge and must be reassessed if the global supply chain situation continues to deteriorate. Accordingly, it is still not possible to provide a reliable full-year forecast for 2022 as of the date on which the report on the first half of the year was completed; Koenig & Bauer continues to anticipate a slight year-on-year increase in Group operating revenue and the operating EBIT margin in 2022 and confirms its medium-term targets.

    Dr Stephen Kimmich, CFO of Koenig & Bauer: “Despite all the external uncertainties, we feel well positioned to achieve our goals for 2022 as a basis for reaching our medium-term goals.”

    Figures at a glance

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

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    news-2315 Fri, 22 Jul 2022 09:44:00 +0200 Koenig & Bauer strengthens presence on the growth market for corrugated board http://metalprint.koenig-bauer.com/en/news/details/article/koenig-bauer-strengthens-presence-on-the-growth-market-for-corrugated-board/
  • Focus on growing packaging market with particular emphasis on high board line flexo presses and rotary die-cutters for the corrugated board industry
  • Unique joint product portfolio will cover all price and performance classes in this market segment in future
  • Innovation potential based on collaborative development of the product portfolio 
  • Expansion of a shared global sales and service network 
  • Celmacch will operate under the name Koenig & Bauer Celmacch in future
  • Celmacch will operate under the name Koenig & Bauer Celmacch after Koenig & Bauer has acquired a 49 per cent stake

    Koenig & Bauer, the printing press manufacturer with the broadest product portfolio in the industry, and Celmacch Group S.r.l., one of the leading manufacturers of high board line flexo presses and rotary die-cutters for the corrugated board industry, signed a contract laying the foundations to collaborate on development and marketing activities on the growth market for corrugated board. With this step, Koenig & Bauer is continuing a product portfolio strategy that is embodied in its corporate DNA. Celmacch will operate under the name Koenig & Bauer Celmacch S.r.l. in future.

    Corrugated board: The multi-talent on the attractive packaging market

    Corrugated board offers unrivalled versatility for a wide range of packaged goods, and accounts for the largest share of the overall market in terms of value. Alongside classic corrugated boxes, various forms of secondary and tertiary packaging are important fields for the packaging industry. And their significance continues to grow thanks to e-commerce. What’s more, corrugated board is an eye-catching advertising medium at the point of sale. At the same time, it is environment-friendly, easy to dispose of, and an exemplary circular product with an average recycling quota of 80 per cent. Dr Andreas Pleßke, CEO of Koenig & Bauer, underlines: “Corrugated board aligns with the increasing sustainability demands of the packaging industry, not least in the context of the European Green Deal, and is therefore also an expression of our ‘Exceeding Print’ strategy.” 

    Celmacch has gathered over 40 years of experience on the growth market for corrugated board, a segment that Koenig & Bauer also caters to with its complementary CorruCUT and CorruFLEX presses. Ever since the relaunch of the Chroma product family in 2019 in particular, Celmacch has built up an excellent standing as a developer and manufacturer of high board line flexo presses and rotary die-cutters satisfying exacting technological demands, and already supplies numerous major international packaging producers, primarily on its local markets. 

    Luca Celotti, general manager of Celmacch, adds: “Celmacch has been looking for a partner for long-term cooperation and has found one in Koenig & Bauer. Our existing product portfolio ideally positions it for further growth. Koenig & Bauer provides us with access to a worldwide sales and service network with more than 2,000 staff. This combination will enable us to establish a more international and therefore scalable market presence. As the founding family, we want to actively shape this path together with our new partner and further increase the production capacities at the Desenzano del Garda site.”

    Unique portfolio of flexo printing presses for the corrugated board industry

    The Chroma Evo series from Celmacch represents a competitive starting point for ventures in the world of modular rotary die-cutters and flexo printing presses, while the Chroma High Tech models satisfy demands for high levels of automation. The CorruCUT and CorruFLEX presses from Koenig & Bauer stand for high performance in the production of both die-cut corrugated boxes and printed corrugated sheets, and define the standards in terms of automation and performance. There are plans to unite all the different models under the shared product name Chroma. This will make Koenig & Bauer Celmacch the only supplier with presses to cover all price and performance classes.

    “We have arrived on the market for direct post-printing on corrugated board. The partnership with Celmacch will allow us to continue to drive innovations in this segment and further strengthen our market position,” says Koenig & Bauer executive board member Christoph Müller. 

    Dr Stephen Kimmich, CFO at Koenig & Bauer, explains: “Ever since the early 1990s, Koenig & Bauer has been building a strong presence in the growing packaging market with its acquisitions. I am convinced that our two companies complement each other perfectly in terms of expertise. Our collaboration as partners is the best prerequisite for successfully expanding our joint business on the corrugated board market.”

    The offices of Koenig & Bauer Celmacch and its approx. 50 employees will remain in Desenzano, Italy. The Celmacch Group is a financially healthy company and has increased its turnover to around €20 million since the product relaunch in 2019. For the first phase of the partnership, the focus will be placed on joint sales and service activities, further product development and expansion of the company’s assembly capacities. Koenig & Bauer has secured options to successively increase its stake in Celmacch Group S.r.l. beyond the initial 49 per cent holding. 

    Acquisition of the shares in Celmacch Group S.r.l. remains subject to official approval from the Italian authorities that oversee foreign direct investment. The parties have agreed not to disclose further details of the transaction. The final closing is anticipated for September 2022.

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    news-2304 Thu, 23 Jun 2022 10:35:09 +0200 90% OF THE WORLD'S BANKNOTES ARE "SWISS" http://metalprint.koenig-bauer.com/en/news/details/article/90-of-the-worlds-banknotes-are-swiss-1/
  • Specialised high security printing machines, banknote design software, pre-press solutions, security features, all are developed in Lausanne by Koenig & Bauer Banknote Solutions for the banknote industry worldwide
  • The number of banknotes in circulation is increasing every year around the world thanks to its unique characteristics - security, privacy, accessibility for all and free of charge for the user
  • In order to fight counterfeiting, the combination of security features and the creation of new and unique processes are crucial, such as the SPARK® technology made possible by SICPA inks and the unique Screen printing machine of Koenig & Bauer Banknote Solutions
  • Banknote technology is evolving and adapting to the needs of users. Koenig & Bauer Banknote Solutions provides the first answers to this change
  • The vast majority of the world's banknotes is produced using Swiss technology. Just like the special inks produced by SICPA, the sophisticated presses and all the related solutions (printing plate production, design, quality control, etc.) are developed in Lausanne by Koenig & Bauer Banknote Solutions (K&B Banknote Solutions) and then made available to Central Banks and private printers for the production of their banknotes. This year, the company is celebrating 70 years of existence and presence in Lausanne.

    The production of a banknote requires at least four printing processes, eight for the most secure denominations. The aim is obviously to make the banknote counterfeit-proof or very complicated to reproduce, while at the same time being easy to print thanks to these machines.

    8 steps and much more

    For a banknote such as the Swiss franc, eight printing stages punctuate the production process. A first Offset print gives the colour thanks to the only machine in the world capable of printing simultaneously on the front and the back (Simultan Offset). This is followed by Screen printing of the desired motifs, then the application of foil and a micro-perforation process, all adding security. The fifth step is to produce the relief of the banknote, which is also a security feature (Intaglio), the sixth step numbers the banknotes while the seventh step aims to apply a varnish. Finally, the last stage cuts and packages the finished bundles.

    However, before all these processes, the design of the banknote must be worked out and the plates without which the presses could not print anything must be produced. In addition, during or after each process, the sheets are inspected to ensure the highest quality at the end of the line.

    Security first

    It is obvious that the security of a banknote depends on the elements, visible or not, that it contains. From the watermark to the security thread, from the quality of the paper to the quality of the ink, from hidden elements to those that can only be seen from a certain angle, the many possibilities combined offer an almost infinite range of ways to personalise the currency. In cooperation with SICPA, K&B Banknote Solutions has even developed a printing process and magnetic inks, known as SPARK®, which are now widely used throughout the world and which fight counterfeiting with unique processes and consumables.

    Security is also achieved through software developed specifically for the company by AGFA and K&B Banknote Solutions. It manages the engraving, the origination, i.e. the design of the banknotes is composed of lines only, and prepares the files for the production of the printing plates.

    Everything is done in Europe

    Lausanne is at the heart of K&B Banknote Solutions' business. The company building houses, among other things, sales, product development and management, banknote design and printing plate production as well as logistics and marketing. In Germany, the buildings in Würzburg and Bielefeld are responsible for engineering and services. Machine assembly is carried out in Mödling, Austria.

    Not all countries in the world have their own machines and some outsource to private partners. But all the presses in the world today require training, maintenance and possible upgrades by the specialists at K&B Banknote Solutions.  

    The banknote is alive and well

    To the surprise of many and despite the digitalisation of bank accounts and other internet transactions, the banknote is still alive and well in the world. Every year, production increases by 2 to 3%. There are many reasons for this. Banknotes offer the greatest independence and freedom to their users. 1.6 billion people in the world do not have bank accounts. Cash also offers unparalleled security in terms of the protection of data collected by digital actors, and their sometimes questionable use. Moreover, the banknote does not involve any charges. Worldwide, 75% of person-to-person payments are made in cash. https://www.cashmatters.org/blog?types=key-facts

    But also

    K&B Banknote Solutions is the world's leading banknote printer, but the company belongs to the Koenig & Bauer Group, the leading packaging printer, which has the most diverse product range, including special printing. Printing on glass or metal, encoding of identification such as expiry dates are an integral part of the Group's solutions.  

    In addition to the manufacture of machines, the Lausanne-based company is also developing new security and even entertainment applications. One of them allows you to check the authenticity of a banknote with your smartphone in less than a second, while another allows you to read a digital message on a banknote by the person holding it. K&B Banknote Solutions is thus a driving force in the evolution of the banknote, adding new functionalities to it and meeting the new needs of users.

    More information is available at banknote-solutions.koenig-bauer.com.

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    news-2300 Tue, 21 Jun 2022 09:31:07 +0200 Saving energy in metal decorating http://metalprint.koenig-bauer.com/en/news/details/article/saving-energy-in-metal-decorating/
  • Presentation of alternative technologies and ways to save gas
  • Explanations based on best practice examples
  • Consistently positive feedback from customers
  • The webinar presented alternative technologies and possibilities for saving gas (2)

    Saving energy is one of the most pressing challenges of our time. The spiralling gas prices, in particular, are driving production costs to previously unknown heights for many companies. Against this background, Koenig & Bauer MetalPrint offered its customers a webinar on ways to reduce their consumption of gas. The level of participation and feedback after the three online sessions was overwhelming.

    Metal decorating is an exacting industry sector with a high energy consumption. The drying ovens that every coated metal sheet must pass through are primarily heated with gas. When it comes to saving energy and purifying exhaust air, Koenig & Bauer MetalPrint has consistently pursued every available opportunity and developed numerous solutions over the years. Back in 1974, for example, it introduced integrated exhaust air purification, and developments culminated in the HighEcon exhaust air purification system in 2009. The HighEcon drying oven, which was launched in 2014 with a newly developed KXB burner, picked up a coveted METPACK Innovation Award that year, not least for its enhanced efficiency allowing gas cost savings of up to 70 per cent compared to older systems.

    When solvent-based coatings are dried, the solvent-laden air passes through a thermal oxidiser system. With integrated systems such as the HighEcon or EcoTNV drying ovens, the exhaust air is not only purified, but also used to generate heat for the drying process. The solvent in the exhaust air can thereby be exploited to save energy. If the solvent concentration in the air is high enough, gas consumption can be reduced to an absolute minimum.

    The HighEcon drying oven permits gas savings of up to 70 per cent (1)

    Best practice examples to illustrate the potential

    The webinar presenters Olga Martin and Dominik Wewior illustrated the possibilities for reducing energy consumption by using a number of best practice examples. Customers can complete a questionnaire to obtain a precise gas consumption calculation for their specific application. Where an older system is still in use, the savings potential of an upgrade to a new system is highlighted. 

    The energy demand of an existing system can be optimised through intelligent organisation of the production process or by raising productivity. The factors influencing gas consumption were compiled and described for the various drying oven models on the market. Practical implementation was explained by way of examples.

    Savings can also be achieved in relation to other energy sources when the exhaust air from the drying oven is used for heat recovery. The approx. 200 °C hot exhaust air can pass through an air/water heat exchanger, for example to heat or cool the company offices, to produce hot water or for the energy-efficient cooling of production lines. Integration into a district heating network is also possible. Koenig & Bauer MetalPrint is currently consolidating its partnerships in this field in order to be able to offer customers individual solutions.

    Energy consumption examples (3)

    Alternatives to natural gas

    The webinar also addressed alternatives to natural gas. Faced with increasing gas prices and uncertainty regarding the reliability of an adequate supply, some customers are looking for alternatives in order to escape dependency risks. Generally speaking, it is indeed feasible to heat the drying oven with other fuels such as LPG, biogas or hydrogen. In this regard, suitable sources of energy were presented, and their individual benefits and drawbacks were highlighted.

    The customer response was very good. The team at Koenig & Bauer MetalPrint will now be offering individual advice and suitable retrofits to support the industry’s energy saving plans.

    If you are interested in receiving advice like this, you can contact the company’s specialists at info-metalprint(at)koenig-bauer.com.

    Further information can be found at www.metalprint.koenig-bauer.com.

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    news-2284 Tue, 24 May 2022 14:10:54 +0200 Pioneering spirit meets close relationships: High participation rate at the third virtual annual general meeting http://metalprint.koenig-bauer.com/en/news/details/article/pioneering-spirit-meets-close-relationships-high-participation-rate-at-the-third-virtual-annual-general-meeting/
  • Larger proportion of voting share capital represented than in the previous year
  • Company continues its path to recovery – P24x brings improvements to operating revenue and financial strength
  • High level of independence and vertical integration offsets the impact of disruptions to supply chains
  • ‘Exceeding Print’ strategy describes future measures and goes far beyond mere ‘printing’
  • Dipl.-Kfm. Carsten Dentler re-elected to the Supervisory Board as a shareholder representative with a large majority
  • Around 64 per cent of Koenig & Bauer AG’s voting share capital – and therefore a larger proportion than in the previous year – was represented at today’s 97th Annual General Meeting. Due to ongoing uncertainty surrounding the pandemic situation at the time the meeting was called, it was held in virtual form for a third time. Shareholders or their proxies were invited to use an online portal to submit questions for the agenda in advance, and for the first time were also able to submit written follow-up questions or statements in text form or as video contributions during the meeting.

    The speakers at a glance: Koenig & Bauer AG’s annual general meeting was held in virtual form for the third time due to the COVID-19 pandemic (1)

    The Chairman of the Supervisory Bard, Professor Raimund Klinkner (Dr.-Ing.), opened the annual general meeting at 11 a.m., launching proceedings with a statement on the war of aggression in Ukraine, before moving on to preside over the official agenda. In the Supervisory Board’s report, Klinkner outlined the focus of its activities, stating that, in addition to stabilisation and improvement of the Group’s operating revenue and financial strength, particular attention had been paid to continued strategic development based on the three pillars of digitalisation, modularisation and sustainability. In conclusion, he offered a few general words on the performance of the company from the perspective of the Chairman of the Supervisory Board, also addressing the context formed by the current global challenges: “As a society and as a company, we have to deal with this. That said, I am firmly convinced that Koenig & Bauer is well positioned to handle all these challenges.”

    Successful development in the financial year 2021 and looking ahead

    The speech given by Chief Executive Officer Dr Andreas Pleßke summarised a challenging but nonetheless positive year. Despite the continuing impact of the COVID-19 pandemic and what is currently a challenging overall situation, manifested in supply chain bottlenecks and the related increases in the cost of materials and energy, Koenig & Bauer matched its forecast with annual revenue amounting to €1,115.8 m and exceeded expectations with EBIT at €28.5 m. Pleßke explained how the proven, broad and diversified product portfolio had contributed to this performance, along with the P24x efficiency programme. “A company cannot enjoy sustained success for more than 200 years unless it shows pioneering spirit, for example with cutting-edge technical developments in the field of digital printing, our successful entry into the market for printing on corrugated board, and last but not least our apps ValiCash™ and Smill™, which bridge the gap between physical printing and the digital world.” He also mentioned the high level of vertical integration and in-house manufacturing within the company’s production activities as a special feature. While this was long considered an outdated strategy, it is now paying dividends in times of disruptions to supply chains and the associated materials shortages. At the same time, and more than ever before, this strategy is in line with today’s zeitgeist of sustainability. The company is well positioned in terms of the market segments it addresses, and this particularly in the case of the structurally growing market for packaging, which the pandemic has actually given an additional boost. People are ordering more and more goods online. It is no longer just the latest smartphone in a stylishly finished folding carton; more and more food products today are placed in corrugated boxes for delivery to our door. Koenig & Bauer assumes a special role and responsibility in this area, being a company that masters all industrial printing processes on almost all substrates – including corrugated board.

    Looking ahead to the future of the Group, the CEO also spotlighted the development strategy ‘Exceeding Print’. This strategy goes far beyond mere ‘printing’; it represents an answer to the constant evolution of the industry and describes the company’s future actions. Pleßke devoted sections of his speech to detailing the pillars of ‘sustainability’ and ‘modularisation’. The third pillar, ‘digitalisation’, was addressed by Chief Financial Officer Dr Stephen Kimmich in his speech. All three pillars serve to guide the transformation from a traditional mechanical engineering company to an agile technology group.

    The Chairman of the Supervisory Board, Professor Raimund Klinkner (Dr. Ing.), announcing the results of the proposed resolutions (2)

    The strategy is also reflected in the new form and structure of the annual report, which the CFO expanded upon briefly, before presenting the strong overall results for 2021 to the shareholders. Regarding business development in the first quarter of 2022, Kimmich commented: “We have stood our ground in a gloomy economic environment and were able to offset the higher cost of materials and energy with price adjustments.” The company confirms the medium-term targets for revenue amounting to €1.3 bn, an EBIT margin of at least 7 per cent and a reduction in net working capital to a maximum of 25 per cent of annual revenue, which are to be achieved after completion of the P24x efficiency programme. Despite the major uncertainties as a result of the exogenous factors already described, the company expects a slight year-on-year increase in Group revenue and its operating EBIT margin in 2022.

    Dr Stephen Kimmich went on to add: “This will see us taking a further step in 2022 towards reaching our medium-term target and making use of our various growth opportunities – most notably our ‘Exceeding Print’ strategy. At the same time, we do not rule out the possibility of inorganic growth. After all, M&A activities have been more or less inherent to Koenig & Bauer’s DNA for more than 200 years.”

    The strategy ‘Exceeding Print’ is also reflected in the new report concept: the sustainable corrugated cardboard box represents one aspect of a modular reporting structure, supplemented by a digital world (3)

    Dipl.-Kfm. Carsten Dentler confirmed as shareholder representative with a large majority

    The company’s shareholders were asked to vote on nine of the ten items on the agenda, including the re-election of Dipl.-Kfm. Carsten Dentler as a shareholder representative. They accepted management’s proposal with a large majority, also approving item two on the agenda regarding appropriation of the net profit of Koenig & Bauer AG. In addition to ratifying the actions of the Management Board and the Supervisory Board, the shareholders elected PricewaterhouseCoopers, Frankfurt am Main, as the external auditor for the annual financial statements and the consolidated financial statements for 2022. All other items on the agenda were also approved with the required majority. A detailed overview of the individual voting results and the key statements can be found on the company website under the heading ‘Investor Relations’, menu item ‘Annual General Meeting’.

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    news-2282 Mon, 23 May 2022 10:57:17 +0200 Koenig & Bauer makes press hall centrepiece fit for the future http://metalprint.koenig-bauer.com/en/news/details/article/koenig-bauer-makes-press-hall-centrepiece-fit-for-the-future/
  • Mechanical and electrical retrofit in three stages
  • OÖN print centre gets ready for the future
  • Continued success with 175 million newspapers printed every year
  • A Commander press purchased from Koenig & Bauer has been the centrepiece of the print centre operated by Oberösterreichische Nachrichten in Pasching since 2003. Over the next few months, Koenig & Bauer will be performing a comprehensive retrofit to prepare the press for future challenges. The reelstands, printing towers, folders, press control system and operating consoles of the Commander will be brought into line with the latest state-of-the-art technology – both mechanically and in regard to their electronics.

    The control system and consoles will be converted to the latest EAE technology. Colour density and colour and cut-off register control systems from QIPC will be added. The inking units, reelstands and folders will undergo a mechanical overhaul. In addition, the spray bars will be renewed and all main drives will be overhauled.

    During a visit by Koenig & Bauer to the print centre of Oberösterreichische Nachrichten in Pasching

    Koenig & Bauer will be acting as general contractor for the project. “Parts of the installation will be 20 years old by next year and are still doing their job reliably every day. We want to ensure that we are properly prepared for the future – because we continue to believe in the printed newspaper. This retrofit will position us ideally to handle everything that lies ahead,” says Ronald Sonnleitner, managing director of the print centre. The control system retrofit will be performed in three stages, so as not to interrupt daily production. The project is scheduled for completion in winter 2022.

    Thomas Potzkai, head of service at Koenig & Bauer Digital & Webfed: “We have already been working hand in hand for more than 20 years. The pandemic meant that we had to agree to virtually the entire timeline for this complex project in online meetings, but everything proceeded smoothly – which goes to show how ongoing cooperation based on many years of trust pays off.”

    175 million newspapers printed every year

    The print centre of Oberösterreichische Nachrichten in Pasching is one of the most modern in Austria. A total of 300,000 plates, 180,000 kilograms of ink and almost 12,000 tonnes of paper are used every year. Thanks to solar panels covering a total area of 1,200 square metres, the company generates its own green electricity to cater to around 20 per cent of requirements. The company’s flagship newspaper is the OÖ Nachrichten. Alongside a variety of monthly and weekly titles, association journals, advertising frees, newspaper supplements and flyers are also printed

    RSS Feed Web offset Market References & Showcases
    news-2279 Wed, 18 May 2022 10:54:16 +0200 Mondi Grünburg inaugurates cutting-edge sheetfed offset technology from Koenig & Bauer http://metalprint.koenig-bauer.com/en/news/details/article/mondi-gruenburg-inaugurates-cutting-edge-sheetfed-offset-technology-from-koenig-bauer/
  • Around 60 per cent increase in offset capacities
  • 40 per cent more printing area per sheet
  • Production output raised by 35 per cent
  • Makeready times halved
  • During the official commissioning of the Rapida 164 (left to right): Reinhard Marschall, managing director of Koenig & Bauer DACH, Markus Gärtner, CEO Corrugated Packaging for the Mondi Group, and Florian Döbl, managing director of the Mondi Grünburg plant, in front of the new press

    Last year, the Mondi Group, one of the world’s leading producers of packaging and paper, announced an investment in new press equipment for its plant in Grünburg near Linz, Austria. Its aim is to further strengthen the company’s standing on the Austrian market as a fully integrated supplier of both flexo and offset corrugated packaging solutions. The new sheetfed offset press, a six-colour Rapida 164 with inline coater (max. sheet format 1,205 x 1,640 mm, production speeds up to 16,000 sheets) represents the latest state of the art.

    The official inauguration of the new press was in April. The investment not only covers the Rapida 164 itself, but also the associated internal logistics and infrastructure. The incorporation of QualiTronic ColorControl for inline colour control, alongside many other automation modules, means the press is expected to boost offset production capacities by around 60 per cent.

    Capacities for additional print jobs

    The corrugated board sheets can now be printed in a larger format than before (approx. 40 per cent greater area). The significantly higher production speed of the Rapida 164 also enables an increase in hourly output of around 35 per cent. Makeready times have also been halved compared to the predecessor press dating from 2007.

    Thanks to the new press, Mondi is optimally prepared to cater to even the most complex service and quality demands of its customers. Packaging printed in offset and then finished in a high-quality inline process is, above all, made to order for the food industry and consumer goods manufacturers. A multitude of coating variants, including high and matt-gloss finishes as well as haptic and olfactory effects, aim to influence purchase decisions at the point of sale and communicate the quality of the packaged products to potential customers.

    Innovator in the packaging industry

    Recycling of the corrugated board packaging remains possible using existing collection systems. Mondi Grünburg has enjoyed a reputation as a driver of innovation in the Austrian packaging industry for many years, and has earned numerous innovation awards along the way. At the beginning of the year, for example, it received two prestigious World Star Awards. Florian Döbl, managing director of the Mondi plant in Grünburg, explains: “We work together with our customers on a daily basis to optimise existing packaging solutions and to develop even more cost-efficient, sophisticated and sustainable products.”

    RSS Feed Technology Sheetfed offset Großformat Topic Market References & Showcases
    news-2277 Tue, 17 May 2022 12:47:12 +0200 Koenig & Bauer Durst expands portfolio with Delta SPC 130 FlexLine Eco+ industrial production press http://metalprint.koenig-bauer.com/en/news/details/article/koenig-bauer-durst-expands-portfolio-with-delta-spc-130-flexline-eco-industrial-production-press/
  • Based on market-proven technology, the new press can be upgradeable to Delta SPC 130 FlexLine Automatic
  • Compact drying system 
  • New Dynamic Nozzle Management tool will significantly reduce printhead maintenance
  • Guests at the SPC Open House in Lienz in May (1)

    Koenig & Bauer Durst has used its latest SPC Open House to announce a new addition to its product portfolio with the unveiling of the Delta SPC 130 FlexLine Eco+ industrial production press for run lengths from one to millions of square metres. The entry-level, compact model will offer corrugated converters a new route into digital packaging or will enhance their current capabilities. 

    The Delta SPC 130 FlexLine Eco+ press, using water-based, food-safe, sustainable inks, will offer an impressive price performance ratio for converters with media sizes up to 1.3 metres by 2.8 metres. This new press will be fully upgradeable to the Delta SPC FlexLine Automatic press. Sales start now. Based on its established, market-proven Delta SPC 130 FlexLine Automatic press, the new machine will be addressing converters with volumes of between 4 million and 8 million square metres  a year. It also includes a compact drying system.

    With more than 60 guests at the SPC Open House at the Durst Innovation Center East in Lienz, Austria, in May, Koenig & Bauer Durst also announced the introduction of Dynamic Nozzle Management (DNM). This tool will significantly reduce the printhead maintenance across its Delta SPC 130 product portfolio, which will be another boost for customers’ productivity.

    Delta SPC FlexLine 130 Eco+ (2)

    DNM will become part of the standard package for the Delta SPC 130 portfolio, including the new Eco+ model, and will further reduce the maintenance cycles of the Koenig & Bauer Durst’s industry acclaimed, long-lasting printheads. The tool identifies nozzle clogging and can then be programmed to manage the level of ink being jetted from the head. It ensures that high-quality production is always maintained.

    Matthias Krautgasser, Koenig & Bauer Durst’s Delta SPC 130 Product Manager, said: “We have already implemented our automated non-contact cleaning system – DNM will further increase uptime and productivity of our Delta SPC 130 product lineup.  DNM is another tool in our parcel of advanced technologies which will give our customers even more confidence in these challenging times. The DNM will be fitted to all new products, including the Delta SPC 130 FlexLine Eco+ model that will be available from next year. It can also be upgraded to existing customer machines.

    “Many of the corrugated converters we are in discussion with have run lengths of between 4-8 million sq/m per year, so the new Koenig & Bauer Durst Delta SPC 130 Eco+ will be perfect for them, with the capability to upgrade to the SPC 130 FlexLine Automatic press later.”

    Robert Stabler, Managing Director, Koenig & Bauer Durst, said: “Raw material shortages, cost pressures and mitigation strategies continue to be high on the agenda for customers. Coupled with brand owners demanding that new production methods are reliable, compliant and cost effective, we are confident that our complete product portfolio, including the new Eco+ press from Koenig & Bauer Durst, will meet the rapidly changing requirements. It was clear from discussions at our SPC Open House that converters increasingly need to have the capabilities and competencies to mass customize without any compromise on quality, and all at an effective total cost of ownership, which we provide.”

    More information on www.koenig-bauer-durst.com

    RSS Feed Technology Digital printing Topic Ideas & Innovation
    news-2274 Tue, 17 May 2022 10:19:01 +0200 Italian-German team work http://metalprint.koenig-bauer.com/en/news/details/article/italian-german-team-work/
  • Customers very satisfied with factory acceptance 
  • Passion for CI flexo presses
  • Clear commitment to printing on flexible substrates
  • Another step forward in the P24x efficiency programme
  • The teams from Hovat and Koenig & Bauer during factory acceptance testing in Würzburg (1)

    The new organisational structure for the business with CI flexo presses is starting to bear fruit – the first two CI flexo presses assembled in Würzburg have left the factory after successful acceptance testing. Within the framework of the P24x efficiency program, and as part of the plan to establish dedicated competence centres, Koenig & Bauer Flexotecnica’s assembly operations were relocated from Tavazzano to Würzburg. The management offices of Koenig & Bauer Flexotecnica will remain in Tavazzano, as will the research and development, sales and service, and various administrative units. According to Koenig & Bauer board member Christoph Müller, implementation of the strategic realignment has been a complete success to date: “It really is a perfect example of Italian-German team work. Our Italian colleagues have supported their counterparts here in Würzburg in every possible way. And the same support has been extended in other areas, such as the design, purchasing or project management departments. Here, too, everyone is working hand in hand.”

    And that was all achieved despite the fact that the first two presses, an Evo XC for Hovat Limited in the United Kingdom and an Evo XD for the German company Perga, presented a particular challenge for the entire team: The presses were designed and pre-assembled in Italy before being transferred to Würzburg for final assembly and factory acceptance testing. “Hand-overs like this call for very good communication and the motivation to work together in a team. A passion for engineering and the professional attitude of every single person involved enabled us to complete the presses as planned. I am really proud of the whole team,” Christoph Müller added.

    Successful print tests with Perga in the Customer Technology Centre in Würzburg (2)

    Evo XD 8 for Perga and an Evo XC 8 for Hovat Limited

    The state-of-the-art Evo XD for Perga GmbH with its eight printing units, a new dryer generation and innovative drive and control technologies is tailored to delivering high-quality results on the most diverse substrates. It is suitable for web widths up to 1,320 mm and repeat lengths up to 1,070 mm. The technical highlights include a high-efficiency, energy-saving ventilation system for the intermediate and bridge dryers. The Evo XC for Hovat Limited is a compact, high-performance CI flexo press. With a total of eight printing units and an extremely small footprint, there are two versions available for a maximum repeat length of up to 850 mm and for printing speeds up to 400 m/min. It also incorporates a new dryer concept and an array of digital Industry 4.0 functions. The press concept is ideal for the profitable production of short and medium runs with film, paper and laminated substrates.

    RSS Feed Technology Flexo printing Topic Market References & Showcases