Business
Record 2018 for RadiciGroup
Sales EUR 1,211 million. EBITDA EUR 185 million. In 2019 first half, sales volumes slow yet margins hold. Second half outlook more uncertain: positive but lower than in 2018.
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The Reifenhäuser Group has started construction of a new production hall at the headquarters in Troisdorf. With the groundbreaking ceremony, the project is now entering the intensive construction phase. The new production and assembly hall with an area of 3,000 square meters is expected to be completed by spring 2020.
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The Lenzing Group generated solid results in a challenging market environment in the first half of 2018. The decline in revenue and earnings compared with the first half of the previous year, which was the best half-year in the company’s history, was based on a mix of volatile prices for standard viscose and price increases for key raw materials, coupled with currency effects.
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“We achieved another quarter of excellent performance, recording strong growth in orders, sales and operating profitability,” said Dr. Roland Fischer, CEO Oerlikon Group. “ Our Manmade Fibers Segment recorded another quarter of strong results, substantially increasing both orders and sales and significantly improving EBITDA margin."
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Durst, an inkjet pioneer and manufacturer of advanced digital production technologies, has helped Gabel Group to transform its retail business and open up more export trade in a partnership approach. A major household linen producer and retailer based in the heart of Italy's textile area, Gabel has invested in Durst's Alpha 330 super high-performance multi-pass printer with the One-Step Greentex P ink.
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Successful start of the anniversary year: Sandler AG again reports increase in sales
Schwarzenbach, Germany based Sandler AG again reports an increase in sales to now 322 million Euros. At the company headquarters in Schwarzenbach, 850 staff members continues to advance nonwoven solutions for construction, filtration, home textiles, hygiene, technical applications, transportation and wipes.
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Gerber acquires MCT Digital integrating two histories of innovation in automated cutting & finishing
Gerber Technology announced today that it has acquired MCT Digital, adding modular laser cutting technology to their existing industrial strength finishing solution hardware and software portfolio. The addition of MCT’s high-end large format cutting builds on Gerber’s heritage in the sign & graphics and packaging industries, as well as giving Gerber a key technology platform to serve its industrial markets.
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Business
RadiciGroup Comfort Fibres business area announces an enlargement of its product portfolio
RadiciGroup is committed to continuously enlarge its products portfolio and capacities for the benefit and support of its valued business partners. Due to the growing of its global businesses and the aim to provide the most efficient and cost-effective services possible, RadiciGroup Comfort Fibres Business Area is delighted to announce a Yarn Twisting capacity expansion in its manufacturing facility at SC Yarnea srl Savinesti (Romania).
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Drop in order intake for second quarter
The order intake index for textile machinery compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for April-June 2018 period fell by 15% compared to the same period for 2017. The index value stood at 103.4 basis points (2015 basis = 100).
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Destined to be the heart of the spinning mill
For decades the USTER® Tester has been the indispensable driver of quality in yarn manufacturing and celebrates its 70th anniversary this year, and its unique reputation as a driver of textile quality worldwide is stronger than ever. Even in its earliest version, this remarkable instrument was a big hit with spinning mills, inspiring a new focus on yarn quality.
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Business
SPGPrints wins patent case
SPGPrints wins patent nullification case against MS/Dover in Dutch court.
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RUAG deepens cooperation with Oerlikon to achieve serial production of 3D printed components for space
Oerlikon (SIX: OERL), a leading technology and engineering group, and RUAG Space, a division of the technology Group RUAG, will sign a Memorandum of Understanding today during the Farnborough Airshow to qualify and accelerate series production of 3D printed space components.
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Inauguration of the new BRÜCKNER production facility in Tittmoning
On Saturday, 23 June 2018 the new production facility of BRÜCKNER, the world market leader in dry finishing machines for textiles and technical textiles, was officially opened in Tittmoning, Bavaria. Representatives from politics, the church, banks and industry were present when Regina Brückner inaugurated the new, generously dimensioned production plant together with Dr. Peter Ramsauer, former Minister of Transport and approx. 800 other guests.
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