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Asociación Técnica de Diarios Latinoamericanos
Boletín Semanal Octubre 15, 2018

Harland Simon hace la actualizacion de los motores de la prensa de la imprenta Advance

Harland Simon has been contracted to complete an upgrade of two of the eight press drives on a Goss Colorliner press for Advance Local in Harrisburg, PA. This upgrade follows a project in 2017 where Harland Simon has already replaced one of the drives and will help Advance Local to maintain a reliable platform to fulfil their demanding print schedule.

The project is scheduled for October this year and includes the replacement of two Allen- Bradley 1336 AC Lineshaft drives with modern, off-the-shelf Allen-Bradley PowerFlex 755 250HP A.C. drive modules. This will increase production efficiency and help future proof the press by eliminating obsolescence. Improved diagnostics will ensure that performance of the new drives is continually monitored so that if any issues occur they can be rapidly resolved.

In addition to the upgrade, Harland Simon engineers will carry out preventative maintenance on the remaining A-B 1336 drives to ensure all drives will continue functioning as required. 

The other five 1336 drives will remain in operation but will be replaced in a phased approach over the next two years. This allows the full press-wide upgrade to be staged over several financial cycles relieving the burden on budgets whilst ensuring that essential upgrades can take place. Benefitting from Harland Simon’s extensive upgrade expertise, the installation is set to be carried out without any interruption to the production process. 

Jim Jones, Regional Operations Director for Advance Local, commented: “Harland Simon’s flexible approach and their ability to spread drive upgrades over time allows us to spread capital expenditure over a number of years while harvesting spare parts and extending equipment life”. 

Phil Tilley, US Sales Manager for Harland Simon, said: “We are delighted to be working with the Advance Local team again. The extensive experience of our project managers and engineers of carrying out this type of retrofit will help ensure that the project will be completed without requiring any downtime.”

About Harland Simon
Harland Simon is one of the world’s leading suppliers of newspaper press control and management systems. With roots going back to 1915, the company has been providing innovative, user-friendly and reliable solutions to the newspaper printing industry for over thirty years, from ‘turnkey’ systems for new presses to cost effective upgrades on existing presses.

Utilizing the benefits of industry-standard hardware and software platforms, Harland Simon offers a complete range of products and solutions including press drives and controls as well as associated computer management systems and production tools. It’s an approach that Harland Simon has used on many occasions previously on systems supplied by Goss, Rockwell Automation, KBA, Honeywell, EAE and manroland to improve performance, minimize waste and maximize production quality whilst keeping presses in daily production.

KBA registra el notorio recibo de ordenes por 454 millones de euros en el primer semestre

  • 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).

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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.

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.”

La imprenta Printall AS de Estonia adquiere mas equipo de Q I Press Controls

The Estonian-based printing concern Printall AS is set to intensify its collaboration with Q.I. Press Controls (QIPC), the Dutch specialist in measurement and control systems for the printing industry. The Koenig & Bauer Compacta heatset printing press in its Tallinn plant is to be equipped with a new automation system supplied by QIPC. “This new system from QIPC will be quicker and more reliable than our current automation system.”

Cooperation between Printall AS and QIPC is not new: in 2003 an IRS system for cut-off control was installed on a Koenig & Bauer Continent press in Estonia. “Over time, we have come to know QIPC as a reliable partner,” says Andrus Takkin, Chairman of the board at Printall AS, when asked about his experiences with the Oosterhout-based company. Printall AS has been able to witness for itself exactly why QIPC systems on Koenig & Bauer presses have such a good reputation worldwide. “Our relationship with both Printall AS and Koenig & Bauer is very good,” explains Erwin van Rossem, Head of Sales at QIPC. “In fact, Koenig & Bauer recommended our automation solution to Printall AS. It was partly on the basis of this and their own experience that they were then able to take a well-considered decision. A fact-finding visit to Drukkerij Em. De Jong in the Netherlands helped confirm Printal’s expectations of the system.”

15% savings in waste

The Koenig & Bauer Compacta is now being installed with the mRC-3D and IDS-3D system for register, cut-off and colour control. “This system will work more effectively and reliably than the current automation on the press,” Andrus Takkin reports. “In terms of price and functionality, QIPC’s quote was the most attractive alternative.” In total, five motorised mRC-3D cameras and two IDS-3D cameras are being installed in Tallinn. In addition, Printall AS also need a smaller colour bar than normal. For that reason, QIPC is supplying a 2-mm high colour bar with an integrated register mark. “Our expectation is that from 1000 to 1200 revolutions on start-up, we can get to 1000,” explains Erwin van Rossem. “What’s more, we can look forward to 15% savings in waste.”

High expectations and major opportunities

Printall AS, founded in 1971, is one of the largest printing companies in the Baltic states. The plant in Tallinn produces all kinds of printed matter, from newspapers to brochures. This intensive cooperation with QIPC is generating high expectations and will lead to major opportunities. “We already had automation systems on all our presses,” explains Andrus Takkin. “But soon we will have the latest and most efficient control system.” Erwin van Rossem is optimistic: “This provides our systems with an opportunity to prove themselves on the Baltic market.”