← back to all news Solid performance by manroland Goss Web Systems
After the merger of two printing press producers, manroland web systems and Goss International, the newly formed manroland Goss Group had a successful financial year 2018, according to the company.
With a combined turnover of 293 million euros and order intake of 327 million euros, the company “has solidified its leading market position in web offset,” according to the company.
Major orders at the turn of the year valued at 50 million euros raised the advance orders to 200 million euros in the project business.
“The company is currently at a very good capacity level, stretching into the second quarter of 2020,” said manroland Goss.
"We have created a global company with the merger and provide the most comprehensive offer available on the market, with reduced cost structures and with a focus on efficient business processes. This is reflected now in our operative performance indicators," said Alexander Wassermann, CEO of the German-based company.
"Our strategy is clear: A further expansion of our market position as well as the development of new profitable business fields."
R&D funding has been primarily invested in future-oriented areas, including flexible packaging printing, the preventative press maintenance system Maintellisense and the intelligent B2B eCommerce trading platform MARKET-X, said the company.
manroland Goss says two acquisitions support the company strategy: the asset purchase of Harland Simon and the share purchase of GWS Printing Systems.