Kornit Digital, (NASDAQ: KRNT), a global market leader in digital textile printing technology, announced today that Chris Govier has been named Managing Director at Kornit Digital Europe GmbH.
The company commits to technology after attracting an investment of 20.4 million dollars
2019 started well for the Koenig & Bauer group, posting a double-digit increase in order intake in the first quarter year-over year to 276.4m. This strong growth, which exceeded the industry average, was underpinned by significantly more orders for services and for folding carton, direct glass and security printing presses.
Following a strong end to financial year 201819 (April 1, 2018 to March 31, 2019), Heidelberger Druckmaschinen AG (Heidelberg) achieved its operating targets. After submitting preliminary figures that have yet to be audited, group sales were reported at 2,490 million, or approximately 3 percent higher than the previous year (2,420 million). Furthermore, the companys operating profit margin based on EBITDA excluding restructuring result was within the target range, at 7.2 percent (previous year 7.1 percent).
The Print Show will mark its fifth anniversary in style this year by playing host to some of the most well known names from the world of show business – all in the name of promoting print as a media.
Screen Europe is pleased to announce the appointment of Akihiro Fujii as its new President, taking over from Takanori Kakita who has been promoted to the position of President of the Graphic Arts Company and will now be based at the head office in Kyoto, Japan.
Globally 40% of printers stated their company economic condition was good in 2018 versus 13% who described their condition as poor, the rest were satisfactory. This gives a positive net balance of 27%. For Suppliers the positive net balance was 19%. Both groups remain optimistic with c.50% expecting things to be better in 2019.
