technotrans SE of Sassenberg at virtual.drupa in Düsseldorf -- drupa - May 28 to June 7, 2024 - Messe Düsseldorf
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15 Apr 2021

Higher energy efficiency for printing applications: technotrans showcases new solutions at the drupa trade fair

  • New modular cooling system for all types of printing applications
  • Evolution of the combination unit for sheet-fed offset printing
  • Digital transformation of the customer service for a higher level of efficiency and sustainability
At this year's virtual drupa trade fair from 20 April to 23 April, technotrans SE strongly focuses on sustainability as an important issue for the future. The company will present new and enhanced products that stand out due to their high level of process reliability and operational efficiency. Among them is the new modular ECOtec.chiller cooling system as well as the beta.c blue combination unit for dampening solution circulation and ink unit temperature control. In addition, the company will present its new Service app which enables a particularly efficient customer service thanks to augmented reality and other features. During its online presentation "Efficient thermal management", technotrans will provide detailed insights into the technological background of the units and customer service on 20 April, which is the first day of the trade fair.

The printing industry is perfectly aware of the fact that an environmentally friendly production is a must. An increasing number of printing equipment manufacturers and printing companies want to benefit from resource- and energy-saving concepts, which is why they heavily invest in efficient technologies covering the entire printing process. "Sustainability has always been a top priority for technotrans. In recent years, we have focused on the development of resource-saving product solutions that also offer a high power density," explains Peter Böcker, head of sales of technotrans SE.

One of the highlights of the virtual trade fair stand of technotrans is the modular ECOtec.chiller. This new cooling unit is suitable for nearly all types of printing applications – from digital and flexographic printing up to offset printing. Its cooling capacity ranges from 1.5 to 370 kW. Customised cooling systems can also be provided in a particularly fast manner thanks to the extensive modularisation of the most important components. Among its other advantages are its high power density and energy efficiency as well as its small carbon footprint. "With the ECOtec.chiller, users can reduce their energy costs by up to 30% and their refrigerant consumption by up to 60%," explains Böcker. The chiller is available in two variants: as the standard "pure" line and as the customisable "xtend" line.

With the beta.c blue combination unit, technotrans presents another sustainable product for the printing industry which can be used for dampening solution circulation and ink unit temperature control tasks. Thanks to a special refrigeration concept with two separate refrigeration circuits and a power-controlling compressor, the unit reaches a high level of energy efficiency with a 25% lower current consumption than its predecessor. The system is highly resource-efficient thanks to its precise measuring and dosing equipment. In addition, technotrans uses the climate-friendly R513A refrigerant for the beta.c blue system.
 

Holistic approach to sustainability

For technotrans, sustainability does not stop with the company's product solutions. Instead, the company also relies on the efficient use of energy and resources when it comes to the customer service. In the course of its digital transformation initiative, the group has developed a remote service app which is particularly useful during these times of travel restrictions and the need to limit contact with other people to an absolute minimum. The software includes support for smart glasses, virtual meeting rooms and a chat feature with automatic translation. The service technicians use the app to determine the need for maintenance, instruct the customers and provide training. This concept saves a lot of time and costs for both sides and it also protects the climate as service calls are ideally no longer necessary.

Trade fair visitors who are interested in this and other technotrans topics can join the technotrans presentation "Efficient thermal management – the key to a higher level of sustainability". The presentation will be held on 20 April at 4:50 pm.

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29 Mar 2021

Universal cooling solution: technotrans launches its modular ECOtec.chiller

  • Chiller for use in nearly all types of industries thanks to its modularity
  • High energy efficiency, power density and operational reliability
  • Launch planned for April 1, 2021

From the printing industry to plastics processing and medical technology to laser applications: With its new ECOtec.chiller, technotrans SE presents a completely modular cooling unit for nearly all types of industries and applications. The combined modularity and high level of standardisation of the components enables the extremely fast realisation of customised solutions. The new solution is characterised by a constantly high power density, energy efficiency and a low carbon footprint. In addition, the refrigerant consumption is reduced by up to 60 percent. Users save up to 30 percent of energy costs - in addition, the required use of refrigerant is reduced by up to 60 percent. The ECOtec.chiller, which can be used across all industries, is available as a standard product and as an individual version. The cooling capacity ranges from 1.5 KW to 370 KW.

Cooling solutions made by the technotrans group are used in a multitude of industries so that the range of applications is correspondingly large. "Every industry and customer have their own specific requirements. Our new cross-industry ECOtec.chiller is a cooling system that can easily be adapted to even the most demanding needs thanks to its modularity," explains Peter Böcker, head of sales at technotrans. Because every industry needs this: "Users are looking for reliable, precise and energy-efficient solutions – which is precisely what the ECOtec.chiller embodies."

With its new cooling solution, technotrans leverages its long-standing technological expertise gained in multiple well-established core industries like the laser, printing and plastics sector, thereby creating a universal system for accessing numerous new areas of application. "The chiller is the best of all worlds," says Böcker.

Cooling system with a high level of modularity
The modularity of the ECOtec.chiller leads to maximum flexibility. Different sizes and power ranges between 1.5 kW and 370 kW and a wide range of pump capacities, tank sizes and connection voltages as well as the adaptation to a large variety of climatic conditions are just a few of the options that users can choose from. The high level of standardisation ensures a fast turnaround and excellent availability of the various devices. "Time is a crucial factor for us and our customers. This is why we need to be able to fulfil orders according to the just-in-time principle," explains Böcker. The control system of the chiller is modular as well. technotrans developed an adaptive operating concept in the form of a user-friendly, intuitive user interface and large multi-touch displays that can be easily surveyed from afar.

An additional key factor of the ECOtec.chiller in addition to its modular design is its high level of efficiency and sustainability. Despite its constantly high power density, the carbon footprint of the chiller, which is characterised by a resource-saving operating concept, is low. This is ensured, among other things, by power-controlled components and drives to reduce the energy costs. In addition, the integrated microchannel condenser reduces the refrigerant consumption by up to 60%.

Standardised yet customised
Two versions of the ECOtec.chiller are available: "pure" is the compact standard version while "xtend" can be customised by adding numerous extras. The xtend version has a particularly high level of energy efficiency thanks to the inverter technology used for the pumps, compressors and fans. Compared to traditional devices, users can save up to 30% of their energy costs. In addition, the xtend variant fulfils the requirements of the Ecodesign directive and all the other relevant EU regulations.

Both series are stand-alone units that have been thoroughly tested in different process environments prior to the launch of the series. The results have convinced the users and technotrans alike. The cross-industry and cross-group concept of the new cooling solution is reflected in the production concept. technotrans produces the ECOtec.chiller at a total of three locations within the group: Meinerzhagen, Baden-Baden and Bad Doberan. This speeds up production and delivery times. "Our subsidiaries offer optimum conditions as well as the necessary set of skills for the production of our new ECOtec.chiller," explains Böcker. The market launch of the modular chiller will take place on 1 April 2021.

For further information, please visit www.technotrans.com

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09 Mar 2021

Financial year 2020: technotrans exceeds expectations, adjusted EBIT margin above previous year's level

  • Group revenue of € 190.5 million only 8.4 percent below previous year's level
  • Group operating profit (EBIT) of € 6.8 million realised
  • Adjusted EBIT margin of 4.9 percent exceeds previous year's figure of 4.7 percent
  • Board of Management and Supervisory Board propose dividend of € 0.36 per share to the Annual General Meeting
  • Election of two new Supervisory Board members at this year's Annual General Meeting

technotrans SE has successfully completed the 2020 financial year, which was impacted by an unprecedented pandemic-related slump in the global economy. Thanks to an increasing diversification of markets and a stable business development in the fourth quarter, the company achieved group revenue of € 190.5 million. The decline of 8.4 percent compared to the previous year was moderate. With a group operating profit (EBIT) of € 6.8 million, the thermal management specialist remained profitable and achieved an EBIT margin of 3.6 percent (previous year: 4.0 percent). With the exception of consolidated revenue, technotrans even achieved its original annual forecast of April 2020, which was withdrawn due to corona. The expectations last communicated in autumn were exceeded.

"technotrans has achieved a respectable performance in the 2020 financial year under the difficult framework conditions. The Board of Management is therefore satisfied with the overall business performance despite lower revenue and operating result compared to the previous year," said Michael Finger, Spokesman of the Board of Management of technotrans SE, at the presentation of the Annual Report 2020.

Adjusted for one-time charges totalling € 2.6 million, the group generated an EBIT margin of 4.9 percent, which was above the previous year's figure of 4.7 percent. The consolidated net profit of € 5 million led to earnings per share (EPS) of € 0.72 (previous year: € 0.88).

The Board of Management consistently pursued measures to optimise the group even in an environment burdened by the pandemic. Under the guiding principle "Future Ready 2025", it set the strategic course for profitable growth in the coming years. The goals include revenue growth through a stronger focus on four selected target markets as well as a uniform group-wide appearance through the creation of the umbrella brand technotrans in order to strengthen the economic and technological clout of the entire group.

Robust segment results despite significant constraints
The Technology segment accounted for € 137.7 million of group revenue - 72 percent of the total. Despite the corona-related 7.2 percent decline in turnover compared to the previous year, a nearly balanced result was achieved. Before one-off effects (€ 2 million), the segment achieved an EBIT of € 1.8 million. This corresponds to an adjusted segment return of 1.3 percent.

The corona pandemic triggered significant travel and visitor restrictions. These had a particularly strong impact on the Services segment. With a decline of around 11 percent, segment revenue of € 52.8 million in the reporting period was significantly below the previous year. The profitability of the segment was robust, as expected, with a decline in the EBIT margin from 13.9 to 13.3 percent. Thus, a segment result (EBIT) of € 7.0 million was realised (previous year: € 8.3 million). Adjusted for one-time effects proportionately attributable to the Services business, the segment achieved a result of € 7.6 million with an earnings margin of 14.4 percent.

Strategic target markets stabilised in the course of the year
After the corona-related slump in the global economy in the first quarter, business in the newly defined strategic target markets of Plastics, Energy Management (including electromobility and data centres), Healthcare & Analytics and Print gradually stabilised over the course of the financial year. Promising contracts with a medium-term character were achieved in particular in the area of electromobility "rail". Here, technotrans substantially expanded its market position. As expected, business in the plastics processing industry was also positive. Revenue in this sector was even above the previous year's level.

Stable financial situation
The financial situation of the technotrans group remained solid and in order even during the corona crisis. Despite the construction of a completely new production plant in Holzwickede, total assets increased only moderately by 1.4 percent to € 148.1 million. The equity ratio increased to 53.6 percent (previous year: 51.4 percent). Net debt decreased from € 24.2 million to € 21.5 million, mainly due to the very good liquidity situation. The gearing ratio remained comfortable at 1.6 (net debt/EBITDA). 

The net cash inflow from operating activities reached € 12.2 million. technotrans was able to limit a stronger decline compared to the previous year's value of € 16.8 million through consistent working capital management. Thus, after deducting cash outflows from investing activities, the expected positive free cash flow of € 3.9 million was realised (previous year: € 7.6 million).

As part of the structural realignment, the number of employees in the technotrans group decreased by 4.4 percent compared to the previous year to 1,409 employees at the end of 2020.

Outlook: Opportunities in target markets
The corona pandemic will continue to shape economic development in 2021. Therefore, the economic environment remains fragile and is characterised by a high degree of uncertainty. "The Board of Management will continue to consistently implement the adopted strategy 'Future Ready 2025' regardless of this environment. Stability and profitability are particular focal points of the strategic roadmap in the 2021 financial year," emphasises Michael Finger.

Regarding sales, the Board of Management expects continued pressure in the Print and Laser & Machine Tool Industry markets. However, the government economic stimulus programmes that have already been initiated can have a positive effect. This could create additional opportunities for technotrans in the Energy Management and Healthcare & Analytics divisions. Examples include the accelerated electrification of the transport sector and the expansion of healthcare systems.

The Board of Management confirms the guidance for 2021 published in December 2020, which envisages group revenue in a range of € 195 million to € 205 million and group operating profit (EBIT) between € 8.8 million and € 11.3 million. The EBIT margin is expected to range between 4.5 and 5.5 percent. The outlook is subject to the economic environment stabilising in the course of the year and no additional burdens arising from the corona pandemic. The medium-term forecast of a turnover in a range of € 265 to 285 million with an EBIT margin between 9 and 12 percent also remains valid.

Proposal of the appropriation of profit
The Board of Management and the Supervisory Board will propose to the virtual Annual General Meeting of technotrans SE on May 7, 2021 the distribution of a dividend of € 0.36 per share, which is half of the group's consolidated net profit for the year.

Election of two Supervisory Board members
Two new Supervisory Board members will also be elected at the Annual General Meeting.

The term of office of Dr Höper as a shareholder representative will expire by rotation at the end of this year's Annual General Meeting. He is no longer available for re-election.

Furthermore, the long-serving Chairman of the Supervisory Board, Mr. Heinz Harling, has notified the Board of Management and Supervisory Board on March 8, 2021 that he was resigning as a member of the Supervisory Board of technotrans SE with effect from the end of the forthcoming Annual General Meeting on May 7, 2021 (reference is made to the corresponding ad hoc announcement dated March 8, 2021). After more than 40 years of service to technotrans, including 13 years as its Supervisory Board Chairman, he is thus personally continuing the replacement of the Supervisory Board already initiated last year in order to take the company's growth to the next level.

"We owe Mr. Harling an extraordinary debt of gratitude for his enormous contribution to the successful development of technotrans. The Supervisory Board therefore intends to appoint Mr. Harling as its Honorary Chairman after the Annual General Meeting," says Dr Norbert Bröcker, Deputy Chairman of the Supervisory Board of technotrans SE and a long-time companion of Mr. Harling.

The Supervisory Board will propose two independent candidates to the Annual General Meeting, Mr. Peter Baumgartner (Dipl.-Ing., independent management consultant) and Dr Gottfried H. Dutiné (Dr-Ing., independent management consultant), both of whom can bring many years of meaningful expertise to the Supervisory Board and will further strengthen the Supervisory Board.

Mr. Harling will also assist the new Supervisory Board members and the entire Board in an advisory capacity.

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