Manroland has logged a profit increase of three per cent with before tax earnings for the 2015 financial year climbing to €6.2m, and is confident 2016 will reap even stronger results.

The printing press manufacturer also grew the market share of its web offset systems arm by 45 per cent, a jump from the previous year’s 36 per cent.

Manroland Australasia managing director Steve Dunwell says the positive global growth is also shared by the Australian division, and backs the company’s anticipation for a strong 2016.

“Even in a declining market there are still really good prospects in the pipeline for the Australian arm,” says Dunwell.

“No one else has sold a commercial web press but us in the last five years, so market share has increased dramatically.”

According to Manroland, its boost in profit was supported by a 10 per cent rise in incoming orders which accounted for around €260m.

[Related: Printer profit]

Jorn Gosse, managing director in Ausberg, Germany also says the multinational outfit is confident profitability will persevere for the rest of 2016

“An order backlog in new press business of more than 150 million Euros gives reason to expect good use of factory capacities and a further increase in profitability for manroland web systems in 2016,” says Goss.

Manroland has two main operating divisions, Manroland sheetfed and Manroland web systems. It has 1200 staff worldwide, of which 1068 are based at the Ausberg site.

The German company will be also exhibit at the drupa tradeshow in Dusseldorf this June.

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