Koenig & Bauer News Feed http://www.koenig-bauer.com/ en Koenig & Bauer AG Sun, 16 Dec 2018 02:56:21 +0100 Sun, 16 Dec 2018 02:56:21 +0100 news-1257 Mon, 10 Dec 2018 12:55:36 +0100 Koenig & Bauer UK Ltd recommend Finito® Underpackings to improve press performance https://uk.koenig-bauer.com/news/details/article/koenig-bauer-uk-ltd-recommend-finitoR-underpackings-to-improve-press-performance/

Finito underpackings are able to print for up to 8 million impressions
Koenig & Bauer (UK) Ltd. Print Performance Specialists recommend Finito® blanket underpackings to help printers improve press performance and maintain print quality.

Presses fitted with traditional manilla packings can suffer deterioration of print quality and lead to increased downtime during normal operation. However, by equipping a press with Finito® underpackings,  packing lifespans can easily reach 8 millions impressions or 6 months, whichever is soonest.

Jonathan Hewitt Koenig & Bauer (UK) Print Performance Specialist
Koenig & Bauer Print Performance Specialist Jonathan Hewitt states: "Finito® underpackings have proven track record for performance due to their unique construction which offers durability and longevity on press. In all cases where we have fitted this product our customers report significant decreases in blanket changes, less down time and a reduction in consumable expenditure."

The benefits of using Finito® underpackings are as follows:

  • The packings are compressible providing greater resistance to minor smashes.
  • The thickness of the single sheet of packing is uniform in comparison to multiple layers of manilla packings.
  • The packings are resistant to the effects of swelling from oils and solvents.
  • 8 Million Impressions or 6 months lifespan.
  • Unplanned downtime is reduced.
  • Consumable costs are reduced.
  • Quality will be maintained over a longer period.  

For more details contact Koenig & Bauer (UK) service department for a quotation on +44 (0)1923819922 select “Option 3“ or e-mail UK-Consumables(at)koenig-bauer.com

 

 

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news-1253 Thu, 29 Nov 2018 13:21:29 +0100 The Taylor Bloxham Group announced as 1814 Production Excellence Award winners https://uk.koenig-bauer.com/news/details/article/the-taylor-bloxham-group-announced-as-1814-production-excellence-award-winners/
Taylor Bloxham CEO Robert Lockwood addresses the assembled journalists
New Rapida 106 users The Taylor Bloxham Group have been awarded the 1814 Production Excellence Award during the Koenig and Bauer (U.K.) annual press briefing at London’s Savoy Hotel.

3 high quality catalogue jobs were submitted and in all cases the performance superseded the last production runs on their Heidelberg equipment. The jobs were typical of the type of work The Taylor Bloxham Group have become renowned for with high quality imagery and finishing throughout. One brochure particularly stood out for featuring complex tab indexing.

The data on the jobs, taken from their LogoTronic Professional system showed job one, a Flooring Catalogue with multiple colours, was produced 16% faster than the previous year and two 4 colour process catalogues for high-end auction houses were produced 25% and 44% quicker than the last versions with average make ready times of 4 minutes.

The other impressive fact about two of the jobs produced is that they were printed to the strict specifications of the Professional Level of the BPIF Colour Quality Management Certification Scheme, verification that ultra fast production and the highest of quality can be easily achieved on the Rapida range of presses.

Taylor Bloxham Technical Colour Specialist Chris Bolton describes the process of becoming the first company to achieve the BPIF ISO 12647-2 accreditation (Professional Level).
Taylor Bloxham became the first UK company to achieve the Professional Level of the scheme earlier this year. During his presentation for the trade press, Chris Bolton, Taylor Bloxham‘s Technical Colour Specialist described the process of hitting the required parameters for the standard as "Easy" and "a pleasure" due to the precise control of the press using ErgoTronic Colour Control and QualiTronic Colour Control.

Taylor Bloxham Group C.E.O. Robert Lockwood reports on the successful restructuring of the business.
In accepting the award, Taylor Bloxham group CEO Robert Lockwood described how the 80 year old business has undergone significant changes with in the last 18 months and posted it’s highest ever turnover at the end of 2017. The business now encompasses four divisions (Taylor Bloxham, Fastant, Instore and Mailbox) with their own dedicated teams to promote each component of their business.

Mr Lockwood stated: "The Rapida 106 was the latest step in a £4 million programme of investment in new equipment that enabled us to print higher volumes faster whilst simultaneously improving quality. The installation only took place in April and our clients, who include several prestigious brands, are already seeing and feeling the benefits of the new press."

Chris Scully, Koenig and Bauer (UK) Ltd. Sales Director
Koenig and Bauer (UK) Sales Director Chris Scully stated “We are delighted to select Taylor Bloxham for our annual 1814 Production Excellence Award. The levels of performance across the three jobs selected were exceptional. Their name is synonymous with the highest of quality in print. However, this award also demonstrates that from job to job, regardless of the quality level required, our presses will deliver performance increases. He adds "We applaud the whole team at Taylor Bloxham for driving the press to the fantastic levels of performance they achieved and look forward to learning about further successes for their business."

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news-1124 Fri, 07 Sep 2018 16:37:55 +0200 Koenig & Bauer (UK) Ltd. boosts its service team again https://uk.koenig-bauer.com/news/details/article/koenig-bauer-uk-ltd-boosts-its-service-team-again/
Koenig & Bauer (UK) Ltd. Mechanical Engineer Rob White
Koenig & Bauer (UK) Ltd. has appointed an additional field mechanical service engineer. Rob White comes with 30 years experience of working on sheet-fed presses for a rival manufacturer.

Rob has been in post since August the 20th and will provide support on new installations and existing accounts throughout the UK and Ireland.

Peter Banks - KBA (UK) Service Director
Koenig and Bauer (UK) Service Director Peter Banks states: "We are delighted to welcome Rob to our team, he brings a good deal of experience and skills in sheet-fed engineering. He will be another great asset to our growing network of service personnel.

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news-1123 Fri, 07 Sep 2018 11:41:29 +0200 Koenig & Bauer (UK) Ltd looks to the future with apprentice engineer hire https://uk.koenig-bauer.com/news/details/article/koenig-bauer-uk-ltd-looks-to-the-future-with-apprentice-engineer-hire/
Aidan Knight Koenig & Bauer (UK) Ltd. Apprentice Engineer
Koenig and Bauer (UK) Ltd. has taken a step forward in planning for the future by appointing Aidan Knight as an apprentice electromechanical engineer.

Aidan joined the business in August and will initially attend training at the EEF Technology Centre in Birmingham for 12 months before combining his second year working in the field on service calls and at the Technical Centre studying for Mechantronics Multiskilled Maintenance NVQ. He will also spend considerable time training at Koenig & Bauer Sheetfed manufacturing facility in Radebeul, Germany.

Peter Banks - KBA (UK) Service Director
Koenig and Bauer Service Director Peter Banks states: “We are delighted to welcome Aidan to our team. The engineering sector, like other industries, needs to invest in the next generation to address what could be a significant skills shortage in years to come.” He continues: “With Aidan’s appointment and the skills he will gain we have taken another step forward in building for the future.” 

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news-1095 Wed, 01 Aug 2018 06:58:00 +0200 Strong order intake of €454.4m in the second quarter https://uk.koenig-bauer.com/news/details/article/starker-auftragseingang-von-4544-mio-EUR-im-zweiten-quartal/
  • 17.2% rise in orders in H1
  • Large orders in security printing and order gains in packaging printing
  • Greater accumulation of deliveries in H2 than in the previous year
  • EBIT below prior year due to delivery-related lower revenue
  • With a book-to-bill ratio of 1.37 order backlog grows to an extraordinarily high €805.8m
  • Good cash flows from operating activities of €17.4m
  • Equity ratio of 35.6%    
  • With order intake reaching a particularly high €454.4m in the second quarter and the order backlog rising to €805.8m at the end of the first half, the Koenig & Bauer Group is on track to meet its targets for 2018. Strong security business and more orders in packaging printing caused order intake to rise by 17.2% to €705.3m in the first half of 2018 (2017: €601.9m). Driven by the good Q2 figure of €297.1m, group revenue came to €514.4m but fell short of the previous year’s figure of €538.9m due to the even greater accumulation of delivery dates in the second half of the year. This was also reflected in EBIT, which at €10.6m was lower than in 2017 (€16.3m).

    Weltneuheit: Flachbettstanze Ipress 106 K PRO mit bewährtem Anleger der Rapida-Maschinen für den wachsenden Faltschachtelmarkt (1)

    Sheetfed expands market leadership in large-format

    The Sheetfed segment reached a strong order intake of €326.3m, exactly matching the previous year’s figure, which had been influenced by the Print China fair. President and CEO Claus Bolza-Schünemann: “Substantial growth was achieved in large-format cardboard printing. As the world market leader in folding carton printing, we are benefiting from heightened capital spending of the international packaging printers.” EBIT of €7.7m was below the previous year’s figure (€12.1m) due to the delivery-related decline in revenue from €307.8m in 2017 to €283m.

    Despite the encouraging growth in new business in flexible packaging, orders in Digital & Web (€84.7m) were slightly down on the previous year (€85.7m) due to fewer orders for newspaper web presses and services. In addition to the market-entry costs for corrugated and flexible packaging in particular, EBIT was significantly burdened by the decline in revenue from €68.3m to €55.8m. CFO Mathias Dähn: “This was materially due to the decline in revenue from digital printing presses as a result of subdued demand. However, we see significantly greater short and medium-term potential in the large corrugated and foil printing markets, which are expanding at above-average rates. The targeted expenses required for future growth will leave traces on our cost position, exerting pressure on segment earnings.”

    Driven by large orders in security printing and growth in marking and coding, order intake in the Special segment rose by 52.8% to €330.6m (2017: €216.3m). With revenue rising slightly from €189.2m to €195m, EBIT came to €14.4m, thus matching the previous year’s figure (€14.6m). President and CEO Claus Bolza-Schünemann: “With the major order received from Giesecke+Devrient for the delivery of several press lines for the production of ultra-secure banknotes in Egypt, we have a high degree of capacity utilisation in security printing until well into 2019.”

    Strong financial and balance sheet profile

    Cash flows from operating activities rose substantially over the previous year (€–20m) to €17.4m. The free cash flow was burdened by the final payment instalment of €34.8m made in Q1 for the external funding of a part of the pension provisions. In addition to net liquidity of €48.1m and securities of €14.6m that can be liquidated at any time, the group also has access to syndicated credit facilities. The equity ratio stood at 35.6% at the end of the first half of 2018.

    Nach anstehender Kundenabnahme Auslieferung der digitalen CorruJET-Bogenmaschine an bekannten Wellpappendrucker (2)

    Group targets for 2018

    In 2018, the management board expects to achieve organic growth of around 4% in group revenue and an EBIT margin of around 7%. With many projects still in the pipeline in all business fields, the forecast is based on the high order backlog of €805.8m as of the end of the first half year together with further progress being made in the group-wide service initiative and the cost-cutting projects in security printing, purchasing and production. These projects should cause earnings to rise by €70m over 2016 by 2021.

    CFO Mathias Dähn: “The achievement of the targets 2018 requires the execution of orders on time in the second half of the year and particularly in Q4 with the accumulation of press installations. Given the high capacity utilisation and external and internal delivery bottlenecks in parts, this is a challenging task to which we pay particular attention. However, we consider it to be particularly important to utilise the opportunities for growth being offered by the market in new press business in order to widen the installed base as the foundation for further growth in service business.”

    Medium-term goals until 2021

    Depending on global economy, end markets and the necessary investments in growth, management is targeting a group-wide organic revenue growth rate of around 4% p.a. and an EBIT margin of between 4% and 9% by 2021. Product innovations in corrugated printing and 2-piece can decorating are not included in the medium-term targets, neither revenue nor costs. President and CEO Claus Bolza-Schünemann: “In addition to our printing, finishing, coding and postpress solutions for cardboard, banknotes, cans, glass and hollow containers and other products, we are particularly focusing on corrugated board and flexible packaging. With the focus on the growing packaging printing, we want to boost our revenue and profitability as well as the stability of our business on a sustained basis.”      

    Figures at a glance 

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

    en/investor-relations/financial-reports/

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    news-1087 Wed, 25 Jul 2018 08:27:00 +0200 Koenig & Bauer UK appoints Graham Linton as Service Manager https://uk.koenig-bauer.com/news/details/article/koenig-bauer-uk-appoints-graham-linton-as-service-manager/
    Graham Linton KBA UK Ltd. Service Manager
    KBA UK has promoted Graham Linton to the position of UK Service Manager. Mr Linton takes over the position vacated by Peter Banks who has moved up into the service directors role.

    Graham has been with KBA UK since 2012 working as a Service Project Manager and Service Sales Manager. He has a broad range of engineering and print experience having spent seven years at Man Roland as Service Sales Manager and prior to that working in the aerospace industry.

    Peter Banks - KBA (UK) Service Director
    KBA UK Service Director Peter Banks states: We are delighted that Graham has taken the position of Service Manager. He has vast experience of the printing industry and our customers in particular, his knowledge and professionalism will be a huge benefit as we continue to grow our service team.

     

     

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    news-1069 Tue, 03 Jul 2018 13:37:57 +0200 KBA UK Ltd appoints Ian Clarke as Print Performance Specialist https://uk.koenig-bauer.com/news/details/article/kba-uk-ltd-appoints-ian-clarke-as-print-performance-specialist/  

    Ian Clarke - KBA (UK) Ltd. Print Performance Specialist for the South of England

    KBA (UK) Ltd. has appointed former HDP and Boettcher consumable salesman Ian Clarke as Print Performance Specialist for the South of England

    Mr Clarke, who has worked in the printing industry for over 30 years started his career at Jarrolds in Norwich before taking the step into consumables sales with both HDP and Boettcher. After 5 successful years at Boettcher he joined WRH Marketing an OEM equipment supplier for newspaper mail rooms. Mr Clarke spent the next 5 years as a self-employed technical sales consultant supplying various products such as MIS, gluing and press control systems. He joined book printing press manufacturer Timson in 2012 leaving to join Muller Martini as Technical Sales Manager when the company went into administration in 2015.

    Commenting on his new position Mr Clarke stated “I am really looking forward to returning to the technical side of print, press performance and consumables. I have a great deal of experience in this area from my time with both HDP and Boettcher.” He continues “KBA UK has been really successful in the last few years with a growing install base. This is a very exciting time to be joining the company and presents us with lots of opportunities to grow even further.”

    Andrew Pang - KBA (UK) Ltd. Managing Director

    KBA UK Managing Director Andrew Pang states: “We are very pleased that Ian has decided to join our team. He has a great deal of experience across all aspects of the print trade. This will be very valuable in helping our customers to improve their press performance even further.”

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    news-1064 Wed, 27 Jun 2018 17:19:59 +0200 KBA (UK) Ltd appoints Peter Banks as UK Service Director https://uk.koenig-bauer.com/news/details/article/kba-uk-ltd-appoints-peter-banks-as-uk-service-director/
    Peter Banks - KBA (UK) Service Director

    KBA (UK) Ltd. has promoted former Service Manager Peter Banks to the position of KBA UK Ltd. Service Director.

    Mr Banks, who has been in post as Service Manager since January 2017 has 29 years’ experience in the graphic arts industry having great experience of web press, print finishing and mail room equipment. He has also undertaken project management of major contracts in some of the largest companies in the UK and abroad.

    Commenting on the new position Mr Banks stated “I am looking forward to taking on the challenges that the position of Service Director will bring. The last year or so has given me a really good insight into the KBA (UK) business and hopefully our customers can see that we have been putting together a team and service structure that is based upon continuous improvement.”

    He continues “The presses Koenig and Bauer construct are renowned around the world for their high quality engineering and reliability. For our future successes, in both sales and service, it is vital that our clients always receive the highest levels of customer care. We will continue to put people and procedures in place in order to build on the successes of recent years.”

    Andrew Pang - KBA (UK) Ltd. Managing Director
    KBA UK Managing Director Andrew Pang states: ‘We are delighted that Peter has accepted the position of Service Director of KBA (UK) Ltd. Over the last 18 months he has been instrumental in developing new working practices and procedures that have enabled us to offer ever increasing levels of service and support to all our customers. His professionalism and vast experience will help us to develop our service offering to the UK and Ireland even further.

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    news-1050 Tue, 19 Jun 2018 16:53:59 +0200 Mario Gerber joins the Koenig and Bauer (UK) sales team as Senior Sales Manager for post press equipment https://uk.koenig-bauer.com/news/details/article/mario-gerber-joins-the-koenig-and-bauer-uk-sales-team-as-senior-sales-manager-for-post-press-equipment/
    Mario Gerber, Koenig and Bauer (UK) Ltd. Senior Sales Manager for Post Press Equipment

    Koenig and Bauer (UK) Ltd. has expanded its post press products sales team in order to broaden coverage in the UK market by appointing Mario Gerber as Senior Sales Manager for post press equipment.

    Mr Gerber, who has been employed by Koenig and Bauer since 2016, has vast experience of folding carton manufacturing, having been employed by a large German carton manufacturing company. He will be supported in the UK by Post Press Equipment Product Manager Neil Gaskin and the UK sheet-fed equipment area sales managers. 

    The Koenig and Bauer Ipress 106 K PRO launched at the Industry 4.0 Packaging and Connected Services open house event

    Mr Gerber stated: “I am very excited to be joining the UK sales team. I know the cutting and creasing market in the UK is very demanding and competitive. Customers are always looking for advanced technologies in order for them to increase their market share and to gain an advantage over their competition.”

    He continues: “As well as Iberica’s long heritage in post press equipment, we have exciting products such as the Rapida RDC 106 rotary die cutter and the brand new, Ipress 106 K PRO cut and crease machine which we demonstrated for the first time at our open house in Dresden two weeks ago. The blend of the traditional Iberica products alongside the innovations Koenig and Bauer bring to engineering and service support gives us an incredible range of technologies to offer to our customers.”

    Chris Scully, Koenig and Bauer (UK) Ltd. Sales Director
    Koenig and Bauer UK Sales Director Chris Scully states: "We are delighted to add Mario to our team in the UK. His drive and commitment matches our goal to increase post press equipment sales in the UK. We have some fantastic new products and technological developments to offer to the post press market and Mario’s experience will help us to deliver this."

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    news-1004 Thu, 03 May 2018 07:23:00 +0200 First quarter of 2018 in line with expectations https://uk.koenig-bauer.com/news/details/article/erwartungsgemaesser-start-ins-geschaeftsjahr-2018/
  • Order intake lower due to the previous year’s substantial security press project
  • Well filled project pipeline in all business fields
  • Revenue and EBIT below prior year due to stronger concentration of deliveries in H2
  • Service revenue up
  • Increase in order backlog to €648.5m with a book-to-bill ratio of 1.15
  • Increase in equity ratio to 37.9%
  • Net liquidity including securities of €103.7m    
  • After fully achieving and even exceeding its guidance last year thanks to strong revenue and earnings performance in the fourth quarter, the Koenig & Bauer group remains on track to meet its targets for 2018, underpinned by a high order backlog and a well filled project pipeline. In addition to good group-wide capacity utilisation, the progress that has been made in the projects for achieving further EBIT gains by 2021 is providing a solid basis. Service revenue climbed from €67.4m in the previous year to €71.8m in the first quarter of 2018.

    At €250.9m, group order intake in the first three months of 2018 was down on the previous year’s figure of €321.5m, which had been influenced by a major security project. CEO Claus Bolza-Schünemann: “Alongside our expansionary service business, we made further progress in the flourishing packaging printing. With our customer-centric solutions, we were able to increase order intake in cardboard and film printing, metal decorating, marking and coding printing. As expected, demand for digital printing presses was subdued.” Group revenue (€217.3m) and EBIT (–€1.9m) were down on the previous year (€259.1m and €5m, respectively) in Q1. CFO Mathias Dähn: “Due to the delivery dates requested by our customers, press installations in 2018 will be concentrating on the second half of the year and particularly Q4 to an even greater extent than last year.”

    Mit proaktiven Serviceangeboten wie umfassende Analysen zur Prozessoptimierung und Effizienzsteigerung der Kundenanlagen konnte Koenig & Bauer die Serviceumsätze steigern (1)

    Order gains in packaging printing

    Order intake in the Sheetfed segment, which is dominated by packaging printing, rose by 5.3%. Ralf Sammeck, the management board member responsible for this segment: “After widening our share of the global market across all format classes in 2017, we expanded our market leadership in large formats in Q1 2018.” Sheetfed EBIT was down on the previous year due to the delivery-related decline in revenue. Despite the growth in new business for flexible packaging, Digital & Web order intake fell short of the previous year as fewer orders were received for digital and newspaper web presses. With revenue up slightly, EBIT came under pressure from the low revenue level and R&D expenses as well as expenses on future growth. Despite the significant growth in metal decorating and marking and coding, order intake in the Special segment fell short of the previous year, which had included a large order for a security printing press. CEO Claus Bolza-Schünemann: “With a good project pipeline in security printing, the booking of the usually large orders is not spread evenly over the individual quarters.” EBIT in the Special segment was also slightly lower than in the previous year due to the delivery-related decline in revenue.

    Balance sheet strengthened substantially

    Cash flows from operating activities rose substantially over the previous year (–€14.9m) to €20.3m. The free cash flow was burdened by the final payment instalment of €34.8m for the external funding of a part of the pension provisions. CFO Mathias Dähn: “Following the transfer of our reinsurance claims against the insurer to the beneficiary active employees, we netted the financial receivables against the pension provisions. This reduced the balance sheet total by €59.9m, causing the equity ratio to rise to 37.9%.”

    Die im Großformat gestiegenen Bestellungen trugen zum Anstieg des Auftragseingangs im Sheetfed-Segment um 5,3 % bei (2)

    Group targets for 2018: revenue growth of around 4% and an EBIT margin of around 7%

    Looking ahead over the next few quarters, the management board expects a positive order development thanks to the ongoing expansion of the service business, growing demand in the packaging markets and expected new orders in security printing alongside the high order backlog. CFO Mathias Dähn: “The significantly increasing revenue momentum in the second half of the year together with further progress made by the cost-cutting projects in security printing, purchasing and production will lead to a clear improvement in group earnings. In the absence of any material deterioration in global economic and political conditions for our international business, we expect to achieve organic growth of around 4% in group revenue and an EBIT margin of around 7% in 2018. This will put us on track to achieving our EBIT margin target of 9% and an organic revenue growth rate of around 4% p.a. by 2021.”

    Progress made in projects for additional profitable growth

    Koenig & Bauer is working intensively on further applications in packaging, digital and industrial printing to achieve additional profitable growth beyond its medium-term goals. CFO Mathias Dähn: “One focus is the large and significantly growing market for analogue direct printing on corrugated board, for which we have developed the CorruFLEX and CorruCUT sheetfed flexo presses, both of which have a number of unique features. An important milestone was reached with the first CorruCUT order from the renowned pilot customer Klingele. After the completion of initial testing at our new demonstration centre in Würzburg, the CorruCUT will be installed on the first customer’s premises at the beginning of 2019. As a globally leading supplier of presses for 3-piece can decorating, we want to expand our profile by entering the 2-piece can market. The newly developed CS MetalCan offers users decisive advantages. Following two contract signings at the end of last year, we will be commencing intensive field-testing shortly with the target of sales launch at the end of 2018.”

    Figures at a glance 

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

    en/investor-relations/financial-reports/

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