manroland Goss Web looks to packaging for growth
Heatset press giant, manroland Goss Web, says orders for packaging solutions will drive growth in the current year, along with commercial and newspaper applications.
With the fully automated and high-performance Varioman and the new Thallo business, which the company acquired at the back end of last year, manroland Goss is positioning itself with two variable-sleeve models for the growing packaging printing market segment.
For the 2020 year orders fell below expectations, as Covid dashed growth plans around the world.
Overall, sales of €220m and positive earnings before interest and taxes of €3.2m million, a margin of 1.4 per cent, were achieved. Net debt improved by €7.5m compared to the previous year.
The order situation in the service business remained largely stable last year, and the company is now launching new service programmes onto the market, including Maintellisense, the agile maintenance platform for optimising daily business, and Participate, the collaborative approach for optimised spare and wear parts supply to printing companies, using 3D printing.
"Rethinking the existing" is the philosophy of CEO Franz Kriechbaum, who said, "Since the merger of manroland and Goss in 2018, this principle has become firmly anchored in our company. We are constantly on the move, and are seizing many new opportunities created through rethinking our processes. And all of this equipped with benefits and added value for our customers.”