KBA becomes Koenig & Bauer again

Koenig & Bauer master executive officer Claus Bolza-Schünemann speaks at the 200 ceremony press conference at the Wuzburg more than 150 year-onetime Wurzburg site of the company. Photograph PSA

With near 700 guests from all over the world, Koenig & Bauer celebrated its 200th ceremony in the Vogel Convention Centre (VCC) on 21 September. Many of the participants took the opportunity to visit the parent plant in Würzburg. In add-on to state-of-the-art production facilities and the new Demo Center for digital and flexo printing presses—shortly to be equipped with machines—they experienced historical and current printing presses in production from the broad portfolio of the oldest printing press manufacturer. A round move press from the year 1868 printed an engraving of the company's birthplace, the monastery Oberzell, a Super Olof Intaglio Iii press printed a specimen banknote, the Genius 52UV from KBA-NotaSys printed a security document, the digital web press RotaJET Fifty printed, among other things, a 2.2-meter long poster of the Würzburg-born basketball star Dirk Nowitzki, who plays in Dallas, United states, since many years. And the earth'south largest inkjet press, the HP T1100S, produced for HP past Koenig & Bauer, printed a 2.eight-meter wide topliner for corrugated board.

In a multimedia show, the eventful history of the company was presented from 1817 to the present solar day. An employee evening in the big marquee and an open up day for the visitors, with over 10,000 expected, rounded off the colorful anniversary program.

Print products for the whole day
In a well-attended international press conference, Claus Bolza-Schünemann, chief executive officer, Koenig & Bauer described several milestones in the concluding 200 years. He made item mention of the acquisitions made over the terminal 25 years, which have continued in the past decade in spite of the economic crisis of 2008 and made the company more diversified with a stronger focus in all types of packaging print. The company has resigned itself to the apace shrinking of newspaper and magazine market place and looks to expand its service offerings in that sphere.

Earnings and share cost reflect successful strategy
With the introduction of a holding structure and a clear focus past the operating companies on their respective market segments, Koenig & Bauer largely completed its comprehensive reorientation in 2015, later on the 2009 slump in the printing industry. Thanks to its strong position in growth and special markets such as the packaging and security press sectors, Koenig & Bauer accomplished the best upshot in the company'due south history in 2022, with an EBIT of EUR 87.1 million. The increment in the share price from EUR x at the offset of 2015 to significantly over EUR 60 now reflects the company's convincing strategy and evolution.

The visitor hopes to add EUR 70 million to its profits in the 4-year menses from 2022 to 2021, with EUR 20 one thousand thousand each coming from increased profits in the servicing and security printing businesses. Profits are expected to besides be enhanced in this time from internal savings of Eur 15 million each, from improved integrated production processes and strategic purchasing past the grouping, which has more than a dozen specialized entities.

A remnant of the onetime structures at the Koenig & Bauer plant in Wurzburg — in that location was great destruction of the plant building during the allied bombing in Earth War Ii. Photo PSA

Growth in packaging and industrial press
Chief financial officer Dr Mathias Dähn presented the corporate goals and strategies for the years to come. He said, "Afterward a decade of declining sales, growth has become the cardinal colonnade of our corporate strategy. All business units should contribute to this and work profitably." In view of the growth of the earth economic system, the world population, online commerce and the number of unmarried-person households, he sees particular opportunities in the packaging sector. The company is already the market leader in the printing of cardboard, metal and glass packaging.

Koenig & Bauer wants to improve its market share further in flexible packaging printing where its acquisition of Flexotecnica has only yielded a half-dozen% marketplace share thus far and where the management has been reorganized in the past twelvemonth. The Iberica diecutter acquisition in 2022 has already gained traction according to Dähn.

Koenig & Bauer is making progress in the digital loonshit with its heavy metallic manufacture and with collaborations. Bolza-Schünemann announced the order of the first digital CorruJET sheetfed printing for corrugated board from a German customer. Dähn described the cooperation with HP in digital inkjet printing for the corrugated board segment as successful and time to come-oriented.

According to him, the Koenig & Bauer Group has prepare itself a goal for the ceremony yr of 2017, with a group turnover of approximately EUR ane.25 billion and an EBIT margin of around half-dozen %. The planning for the period up to 2022 provides for a growth in sales of 4% p.a. and, depending on the development of the world economy, an annual EBIT margin between four% and ix%.

Relaunch of the Koenig & Bauer make
The printing press manufacturer is starting off the company's 3rd century with a new market appearance. As Bolza-Schünemann explained, the brand KBA, which was introduced in 1990 after the takeover of Albert-Frankenthal AG, will revert to the original make of Koenig & Bauer, albeit with a completely new look for the logo, "Koenig & Bauer AG today has 33 subsidiaries. Twelve of them produce their ain products for their own customers. Nosotros see the company anniversary every bit an platonic time to identify all activities of the Group, from classic printing to digital press, including prepress, postpress and top service, under a strong common roof once more." According to him, "The relaunch is intended to strengthen the employee'southward pride in the history of the company and the pride of new employees, who accept joined the Group through acquisitions, in the common brand Koenig & Bauer, and to permit old and new customers to experience the strength of this traditional make even more, with a modern advent and product design."

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