MAN Roland Achieves Its Turnaround Goal
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New press orders rose 20 percent, from $2,081 million in 2003 to $2,491 million in 2004, indicating that MAN Roland is positioned to continue its winning ways. Sales rose 7 percent from $2,003 million in 2003 to $2,141 million last year.
"The Printing Systems Division will benefit from its high backlog of orders for web-fed presses and a series of additional major orders in this segment, as well as from cost-reduction measures and the steps taken to streamline the sheetfed facilities in Offenbach," MAN AG declared. "The sheetfed sector is expected to break even in 2005."
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- Companies:
- Manroland Inc.
- Places:
- Offenbach
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