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Last updateFri, 13 Mar 2020 3pm

EFI Enters Digital Textile Printing With Acquisition of Reggiani Macchine

Electronics For Imaging, Inc. (EFI™) (Nasdaq:EFII) today established an industry-leading presence in high-growth inkjet textile printing with the strategic acquisition of Reggiani Macchine. Based in Bergamo, Italy, Reggiani is a leading technology provider with an extensive lineup of industrial inkjet printers utilizing water-based inks in printing on fabric - recently identified as the industry's most exciting growth application by a new, global survey from industry association FESPA and analyst firm InfoTrends.

First half-year report for Koenig & Bauer: Well-filled order books – clear sales and earnings rise expected in second half-year

  • A relatively young, but future-focused business field for KBA-Digital & Web is digital decorative printing with the up to 2.25m-wide RotaJET VL presses. The first has been in operation for some months at decor manufacturer Interprint in Arnsberg, GermanyAt €607.5m order intake up 33.2% y-o-
  • Sales of €426.9m still behind annual target of over €1bn
  • Group pre-tax profit of €6.9m in Q2 improves EBT to –€10.8m
  • Positive results in all business areas within reach
  • Fit@All programme almost complete with cost savings
  • Earnings outlook for 2015 unchanged with EBT margin of up to 2%

Heidelberg committed to growth – company assumes new strategic alignment

  • Investment in services, consumables, and digital printing will lead to future growth
  • Operating margin (EBITDA margin excluding special effects) slightly higher despite comprehensive portfolio optimization
  • Low leverage (<2) and long-term financing framework lay the foundations for further strategic reorientation
  • Outlook for 2015/2016: Sales increase of 2 to 4 percent forecast, with target EBITDA margin of at least 8 percent

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