Sheetfed targets exceeded

Koenig & Bauer celebrates €250m order book

Drupa visitors by the 22,000sph Rapida 106 X

Koenig & Bauer has reported an “extraordinary” intake in orders with its mega-spend on Drupa appearing to pay off.

The press manufacturer was one of the biggest exhibitors at the show, and invested a whopping €10m (£8.4m) in its presence.

K&B has now announced that since the end of May it has booked new orders worth €250m – with €200m of the figure subject to legally binding contracts.

The orders were taken at Drupa and beyond.

K&B said it had exceeded its own targets for sheetfed offset press sales, with most of the orders coming from China, Brazil and Spain.

A fresh spend by Qualvis Print & Packaging in the UK was also announced at Drupa.

The 22,000sph Rapida 106 X press that was running on its booth during the show has been sold to Innovative Graphic Boxes in Italy and will be used to produce pharma packaging.

The Koenig & Bauer Durst VariJet 106 B1 inkjet press was also shown running at trade fair for the first time.

An unnamed European customer is set to install the first non-beta VariJet next month.

Samples printed on the VariJet 106 at Drupa 2024

Also in digital printing, field tests on the Delta SPC 130 single-pass inkjet for corrugated are slated for H2, with commercial shipments from early 2025. It uses a water-based white ink suitable for primary food packaging.

Sandra Wagner, vice president for digitalisation at Koenig & Bauer, commented: “At Drupa, we showed how the combination of traditional printing and state-of-the-art AI and data-based technologies is shaping the future of the printing industry.

“The countless discussions with customers confirmed that digital productivity tools are becoming the decisive factor for investing in our technologies for printing and finishing.”

K&B also confirmed its previous financial guidance, and said operating EBIT margin and revenue in the current year should remain stable at the previous year’s level.

Shares in Koenig & Bauer have risen by more than 17% over the past month and were at €14.30 at the time of writing (52-week high: €20.20, low: €9.69).