Business News

Slump in demand leads to sharp fall in sales for the Gallus Group amounting to CHF 237 million (previous year: CHF 289 million).

Tuesday 17. March 2009 - Fall in demand in the label business

The recession, which began in 2008, triggered a sudden drop in demand for label printing machines due to reduced consumption, especially in the USA, and in particular because of a high level of uncertainty amongst customers regarding the development of the global economy. The business with national and global customers, particularly for highly productive and versatile label printing machines, had a stabilising effect. Early as well as flexible capacity adjustments and ongoing investments in innovation strengthen the competitive position of the Gallus Group in a tougher environment.

Special items in the folding carton business
The complete takeover and development of the folding carton business, completed in 2006, and renamed Gallus Stanz- und Druckmaschinen GmbH, made a disproportionately large contribution to the decline in sales in 2008. Several large-scale ventures which were acquired in 2007 and 2008 will only start contributing to sales in 2009. The company manufactures reel-fed printing machines and die-cutters for the economical production of folding carton and cardboard products.