INDUSTRY NEWS ous year : around 5 percent , including the effects of restructuring ).
To better reflect the focus on relevant customer requirements , profitability , and potential in line with the new operating model that was introduced as part of the company ’ s realignment , Heidelberg has been using a new segment structure for its reporting since April 1 , 2021 . The new Print Solutions and Packaging Solutions segments are set to generate moderate margin growth thanks to the encouraging market dynamics and the market initiatives that have been introduced . The new Technology Solutions segment will still make a slightly negative contribution to the result due to investments in the growth of the business areas in this segment .
Following significant losses in previous years , Heidelberg is expecting a slightly positive net result after taxes in FY 2021 / 22 – despite the fact that sales are still predicted to be significantly below pre-crisis levels . Leverage is set to remain at the low level of the financial year 2020 / 21 .
As for the operating break-even point measured in terms of EBIT , which was between Euros 2.1 billion and Euros 2.2 billion prior to the pandemic , a lasting reduction to around Euros 1.9 billion is expected by the financial year 2022 / 23 .
1 Heidelberg has been including the effects of restructuring in the EBIT and EBITDA KPIs since April 1 , 2021 . The figures for the previous year have been adjusted accordingly .
z ProPak India 2021 - 20-22 October 2021
ProPak India relocated to New Delhi
Over the past few months , Informa Markets India has continued to monitor the impact of Covid-19 and its ability to stage a successful ProPak India 2021 in Mumbai . However , the recent Covid-19 wave disrupted the entire country , and the packaging sector is still recovering from the impact .
Considering the multiple feedbacks from the participants , consultation with key stakeholders across the community , and the state Government guidelines , Informa Markets India has taken the cogent decision to relocate
ProPak India 2021 , originally scheduled in Mumbai , to New Delhi . The upcoming edition of ProPak India 2021 will now be held from 20 - 22 October 2021 at Hall 5 , Pragati Maidan , New Delhi .
ProPak India 2021 will be organized in accordance with Informa ’ s AllSecure health and safety standards . As an event organizer , Informa is said to have developed a detailed set of measures to provide the highest levels of hygiene and safety at its events , providing everyone with reassurance and confidence they are participating in a safe and controlled environment .
z IPAMA considers survey reports
Covid-19 pauses Printpack 2021
On Saturday , 23 July 2021 , the Governing Council members of India Printing Packaging and Allied Machinery Manufacturers met in its 118th meeting to review the survey reports relating to the organization of 15th Printpack India slated to be held from 20 – 24 December 2021 . During the meeting , the Governing Council considered various relevant factors , including the survey reports , government guidelines , and health-related issues of exhibitors , business visitors , and service providers . The house also considered the impact of lockdowns on the industrial operations and considered the postponement of significant events such as Delhi Auto Expo and India ITME due to Covid-19 .
Initially , the Governing Council made efforts to boost the industry to participate in the 15th Printpack India on the dates mentioned above . Exceptional discounts were offered after the first wave of Covid . Against the regular tariff , that is , Rs 9000 per square meter for shell and Rs 8000 per square meter for bare space , IPAMA extended up to 64 % discount to regular members ( more than 15 years ). Unfortunately , the second wave paused the momentum , and the house decided to postpone the exhibition after considering all pros and cons .
IPAMA conducts survey Due to the spread of Covid-19 in the country , IPAMA conducted a survey last year relating to the organization of the 15th Printpack India exhibition from 1-6 February 2021 . As per the survey reports most of the exhibitors advised rescheduling the dates as there has been an adverse impact on the industrial operations due to the promulgation of lockdowns by various State Governments for different periods . Accordingly , the Governing Council of IPAMA , after considering multiple factors , including the health-related issues of exhibitors and business visitors , decided that the exhibition may be organized at India Expo Centre from 20-24 December 2021 .
Keeping in view the second wave of Covid-19 in the country and promulgation of lockdowns by various State Governments and their impact on industrial operations , IPAMA again decided to conduct a fresh survey relating to the organization of the 15th Printpack India exhibition on the rescheduled dates . Accordingly , questionnaires were sent to exhibitors and related companies seeking their views relating to the organization of the Printpack India exhibition . The officials of IPAMA also contacted each exhibitor personally for the submission of the survey report . A comparative statement was prepared by IPAMA Secretariat based on the information provided by exhibitors . Around 80 percent of exhibitors recommended postponement of the exhibition , while 20 percent stated that they are comfortable participating in the exhibition under the prevailing conditions .
The House eventually decided that the new dates will be announced as and when the situation permits .
52 Packaging South Asia 25 August 2021