MAN Roland said it achieved the best mid-year sales figures in its history, posting $1.13 billion in revenues, a jump of 20 percent.

At the same time, the company, now owned by a joint venture controlled by Allianz Capital Partners and MAN AG, said it recorded a profit of $60 million, erasing the $8 million loss it suffered during the first six months of 2005.

 

Strong North American sales fueled the rebound, said Yves Rogivue, chief executive officer of MAN Roland Inc. “It’s clear that printers here in North America have been listening to our key message: The best route to improved profits is improved technology.”

The company said web press earnings rose to $48.7 million on sales of $611.2 million. Order volume grew by 28 percent to $723.75 million, not counting the 22 ColorMAN XXL 6-by-2 presses News International Corp. purchased in 2005 (see Newspapers & Technology, November 2004). MAN Roland said the value of that order, previously undisclosed, was $351 million.