Aus der Branche

Die Moritz Hendel & Söhne GmbH produziert die überwiegend per Fachhandel in Deutschland und Europa vertriebenen Dessous-Marken Dacapo und Format. Das 70 Mitarbeitende umfassende Traditionsunternehmen am Standort Oelsnitz/Vogtland und mit einer Niederlassung in Plana (CZ) wurde Mitte Februar an die PB Holding GmbH verkauft.

Vorstand der in Chemnitz ansässigen Premium Bodywear AG Frank K. Markert leitet seit 2002 bereits ein mittelständisches Modeunternehmen mit internationalen Herrenwäschemarken. Die beiden eigenständigen Firmen kooperieren in vielen Bereichen und streben an, Synergiepotential zu heben, um den Herausforderungen der internationalen Märkte begegnen zu können.

Die langjährigen Prokuristinnen, Jeannette Kraus, Katrin Neumann und Carolin Nößke, sind gemeinsam mit Frank K. Markert Gesellschafter/innen der PB Holding GmbH und bleiben darüber hinaus in ihren Verantwortungsbereichen in der Moritz Hendel & Söhne GmbH tätig. Die gesamte Belegschaft wird übernommen.

Der Vermittlungsausschuss von Bundestag und Bundesrat hat am 21. Februar zum Wachstumschancengesetz getagt. Nach der Verabschiedung des Bundestags am 17. November 2023 wurde der Vermittlungsausschuss Ende November mit der Begründung einberufen, dass die Änderungsvorschläge nur punktuell übernommen und kurzfristige Ergänzungen vorgenommen wurden.

Der gestern beschlossene Kompromiss beinhaltet zwar verschiedene steuerliche Erleichterungen, Förderungen von Investitionen und Bürokratieabbau, streicht aber die zentrale Klimaschutz-Investitionsprämie. Das Entlastungsvolumen beläuft sich nach ursprünglich angestrebten sieben Milliarden Euro nur noch auf 3,2 Milliarden Euro. Der Kompromiss muss nun noch durch Bundestag und Bundesrat bestätigt werden – dieser Schritt steht nach wie vor auf der Kippe.

Als Wirtschafts- und Arbeitgeberverband der baden-württembergischen Textil- und Bekleidungsindustrie sieht Südwesttextil den Beschluss des Vermittlungsausschusses als fatales Signal für die Wirtschaft. Hauptgeschäftsführerin Edina Brenner erklärt: „Die Verabschiedung des Wachstumschancengesetzes in seiner ursprünglichen Form hätte entscheidende Impulse für Wachstum und Bürokratieabbau gesetzt – für alle Unternehmen. Mit Blick auf die großen Herausforderungen unseres Wirtschaftsstandorts, die nicht zuletzt der Jahreswirtschaftsbericht unterstreicht, ist der Kompromiss ernüchternd.“ Dass auch über diesen Kompromiss noch Uneinigkeit herrscht und sich eine Verabschiedung noch weiter hinauszögern könnte, kritisiert Südwesttextil und fordert: „In der aktuellen wirtschaftlichen Situation gilt es für alle demokratische Parteien, Initiativen für die Zukunft der deutschen Wirtschaft überparteilich so schnell wie möglich voranzubringen.“

INDA, the Association of the Nonwoven Fabrics Industry, announced a call for presentations and award nominations for the RISE® (Research, Innovation & Science for Engineered Fabrics) Conference. RISE will be held October 1-2, 2024, at the James B. Hunt, Jr. Library, North Carolina State University, Raleigh, North Carolina. RISE is a two-day conference presenting new research and science that drives innovation and product development. The theme for this year’s event is “The Other Sustainability Story: Extended Use and Reduced Consumption.”

Nonwoven professionals are encouraged to submit their technical abstracts by Friday, April 12, 2024. Topics being considered are raw materials, equipment and processing, product-related technologies, and applications.  Abstracts may be submitted via the RISE website. For questions about abstract submissions, contact Deanna Lovell.

RISE® Innovation Award
In addition, INDA is requesting nominations for innovative nonwoven products and technologies for the RISE® Innovation Award. INDA will consider categories such as raw materials, roll goods, converting, packaging, active ingredients, binders, additives and end products for nominations. This Award recognizes innovation in areas within and on the periphery of the nonwovens industry, utilizing advanced science and engineering principles to develop solutions to problems and advance the usage of nonwovens.

Three finalists will be chosen to present their innovations to technology scouts, scientists, researchers, and industry professionals on Tuesday, October 1st. Nominations may be submitted via the INDA website. The Award submission deadline is July 29, 2024. For questions about the Award, contact Vickie Smead.

Last year, the RISE® Innovation Award was presented to TiHive for their SAPMonit technology.

Archroma Textile Effects expands the digital textile design and production system (CAD/CAM) Pointcarre with its entire portfolio of 5,760 colors.

Pointcarre Textile Software enables fashion, home furnishing and technical textiles designers to create accurate digital samples, streamline the fabric weaving, knitting and printing processes, and produce realistic presentations of their collections.

Incorporating the Archroma color portfolio into this workflow will allow designers to bring their ideas to life with greater speed and accuracy. They will not only have access to a vast searchable library of Archroma colors, but they will also be better able to produce the exact color they need at the factory.

All of the Archroma color references can be formulated with dyes that meet leading international eco-standards and the brand customer’s desired sustainability profile.

To support customers to optimize the potential of the new color library, Pointcarre is offering new interactive e-learning modules on its Academy training platform, as well as assistance in several languages.

Mimaki Europe wird auf der FESPA Global Print Expo 2024 (19. bis 22. März 2024) seine neuesten Produkte im Bereich der UV-Drucktechnologie vorstellen. Als offizieller UV Excellence Partner der FESPA wird Mimaki einige seiner UV-Lösungen in der Mitte seines Standes und in seinem eigenen Experience Centre präsentieren.

Während der täglichen Führungen durch das Mimaki Experience Centre haben die Besucher die Gelegenheit, das Mimaki-Portfolio – Sign & Graphics, Textile & Apparel, 3D-Druck - zu erkunden. Die Tour wird auch Vorführungen von zwei neuen, noch nicht auf dem Markt befindlichen Produkten für den Sign & Graphics Bereich beinhalten.

In der „Sustainability Corner“ des Mimaki-Standes wird ein innovatives, industrielles Textildrucksystem vorgestellt, welches die Zukunftsvision von Mimaki widerspiegelt. Mimakis FESPA-Angebot mit UV-Technologie besteht aus dem kürzlich eingeführten UJV100-160Plus und UCJV330-160. Der UJV100-160Plus zeichnet sich durch einen niedrigen Stromverbrauch aus und bietet zusätzliche Funktionen zur Steigerung der Kundenrentabilität. Der integrierte Drucker/Schneideplotter UCJV330-160 ist eine neue Ergänzung des Produktportfolios der 330er-Serie von Mimaki und bietet Hochgeschwindigkeits- und Qualitätsdruck für verschiedene Anwendungen.

Nachdem Mimaki letztes Jahr in den DTF-Markt eingestiegen ist, wird das neueste Produkt des Unternehmens, der TxF300-75, zum ersten Mal auf einer EMEA-weiten Messe vorgestellt

Eltex of Sweden, a pioneer in the adoption of electronic sensors by the weaving machinery industry, is marking its 60th anniversary this month.

The electronic detection of broken or missing weft yarns during production was the problem Eltex founders Åke Rydborn and Ragnar Henriksson set out to solve with the development of the world’s first electronic weft-stop-motion. Its potential was recognised on its introduction at the 1963 ITMA exhibition in Hannover, Germany, leading to the foundation of the company in a modest 12-square-metre workshop in Älmhult, Sweden, in February 1964.

By 1968 the company was operating from a modern 3,000-square-metre plant and beginning to establish a global presence, introducing the first all-in-one printed circuit board (PCB) for its sensor systems in 1971. As exports increased, further Eltex operations were established in the USA and Ireland and the company expanded its product range including energy control devices, temperature and humidity loggers, food handling safety systems, and military grade battery chargers. Further textile milestones in parallel to advances in weaving technology included optical arrival detectors for air-jet weaving machines at the beginning of the 1980s, and the QTV system for warp preparation, which introduced digital stop-motion control to the industry at the start of the 1990s. In 2009, the company branched out into carpet tufting, first with the CoTS clamp-on tube sensor for tufting machines, followed by the Compact sensor for tufting machines in 2013. In 2019 the Compact II further cemented the company’s position in this sector.

Newly developed Eltex EyETM and ACT-R
Most recently, Eltex has launched the Eltex EyETM system for the monitoring of yarn tension on warp beams. Not only does it eliminate problems when warping, but also in the subsequent weaving or tufting processes. Eltex EyETM monitors the yarn tension on all positions in real-time and a minimum and maximum allowable tension value can be set. If any yarn’s tension falls outside these values the operator can be warned or the machine stopped.

The Eltex ACT and ACT-R units meanwhile go beyond yarn tension monitoring to actually control yarn tension. This extends the application range greatly. The plug and play system automatically compensates for any differences in yarn tension that arise, for example from irregularities in yarn packages.

Eltex has been owned by Brian Hicks, Seamus O’Dwyer and Jonathan Bell since 2007, following a management buy-out and the subsequent formation of Eltex Global Holdings in Ireland. Today, its head office, Eltex of Sweden AB, is in Osby, Sweden where it provides research and development, administration and global sales for the group. Eltex Manufacturing in Ireland is now the group’s primary production facility and Eltex US, Inc. provides sales and service for North America.

In the fourth quarter of 2023 Italian textile machinery orders index, drawn up by the Economics Department of ACIMIT, the Association of Italian Textile Machinery Manufacturers, appears to be stationary compared to data recorded for the same period in 2022. In terms of absolute value, the index stood at 82.4 points (basis: 2015=100).

This is the result of an upswing in orders from foreign markets, counterbalanced by declining orders on the domestic front. While orders in Italy decreased at 18% rate, a 4% increase was observed abroad. The absolute value of the index on foreign markets amounted to 77.9 points, whereas it came in at 126.2 points domestically. Overall for the fourth quarter, the average order backlog yielded 3.7 months of assured production.

For the whole 2023 year, the index declined 25% overall compared to the 2022 average (absolute index of 82.4). On the home front however, the index dropped 24% (absolute index of 124.5), while slipping 25% abroad (absolute index of 78.4).

ACIMIT president Marco Salvadè commented the data: “The orders index for October – December 2023, as elaborated by our Economics Department, confirms an intake of orders that is still weak, with a negative trend in demand for machinery that is ongoing for the domestic market.” Nonetheless, the orders index abroad shows a slight increase. “We estimate that the global geopolitical context is still a source of concern,” continued Salvadè, specifying that, “For the first nine months of 2023, Italian exports on major global markets (i.e. China, Turkey, India and the United States of America), confirm a widespread decline. However, some positive signs emerged in the fourth quarter of last year, as reflected by the latest orders index. For 2024 we expect a consolidation of this trend reversal.”

Under adidas’ ambition to help athletes overcome high pressure moments in sport, it has teamed up with leading sport neuroscientists, neuro11, to understand the impact it has within a game of football, basketball, and golf during penalty shootouts, high-stake putts and must-make free-throws.

Working with Emiliano Martínez, Ludvig Åberg, Nneka Ogwumike, Rose Zhang, and Stina Blackstenius, as well as amateurs in the game, adidas and neuro11 delved into their minds to identify and analyse where pressure peaks, to help athletes across the globe to better understand it.

Understanding from this study that grassroots athletes and their elite counterparts experience similarly intense levels of pressure in the biggest sporting moments - but elite athletes were up to 40% more effective at managing pressure during these moments¹ - a toolbox of techniques has been developed, built from the specific findings, to assist next-gen athletes in managing and overcoming the feeling within their game.

Covering in-depth detail on what pressure looks like within each sport, how it has been proven to impact specific in-game moments, the brain zones that neuro11’s state-of-the-art brain technology measures and the main insights from each athlete’s training session, each report sets out to support all athletes in accessing the optimal zone - the brain state in which they perform at their best.

Rounded off with science-backed tips that reveal the optimal area of a goal to strike a penalty, how to use time to regain focus before netting a free throw, as well as the impact of dwell time on putting in golf – the guides are shaped around enhancing mental focus during some of the most pressured moments across sport.

1 Findings captured during athlete training sessions, as part of adidas SS24 Brand Campaign, in collaboration with neuro11 (November ’23- January ’24). Study carried out with Emiliano Martínez, Ludvig Åberg, Nneka Ogwumike, Rose Zhang, and Stina Blackstenius, in addition to 5 grassroot athletes.

Tajima Software Solutions and Coloreel launch a software for the personalization of embroidery designs. Designed to cater to both in-store and online shopping experiences, the new software Pulse ID allows users to customize their embroidery. It offers the flexibility to edit text, add effects, and colors.

This collaboration marks a full integration of the Coloreel technology with Pulse ID and Tajima's embroidery machines. The result is a seamless and efficient solution, ideal for in-store embroidery services or for enhancing the offerings of online shops.

• Revenues: 477.6 million euros (-6%)
• EBITDA before non-recurring items: 79.0 million euros (-15%)
• Net income: 32.6 million euros (-26%)
• Free cash flow before non-recurring items: 45.3 million euros
• Dividend: €0.36 per share

Lectra’s Board of Directors, chaired by Daniel Harari, reviewed the consolidated financial statements for the fiscal year 2023. Audit procedures have been performed by the Statutory Auditors.

Currency changes between 2022 and 2023 mechanically decreased revenues and EBITDA before non-recurring items by 3.9 million euros (-3%) and 1.7 million euros (-8%) respectively in Q4, and by 11.2 million euros (-2%) and 4.8 million euros (-6%) respectively in the year, at actual exchange rates compared to like-for-like figures.

OUTLOOK
While the 2023 full-year results were affected by the adverse environment, they also attest to the substantial improvement in the fundamentals of the Group's business model, which will have a positive impact on 2024 results. Persistent macroeconomic and geopolitical uncertainties could nevertheless continue to weigh on investment decisions by the Group's customers.

While the most recent indicators seem to suggest that the situation is unlikely to deteriorate further, the timing and magnitude of a rebound in new system orders remain uncertain.

Outlook for 2024
To facilitate analysis, the accounts of Lectra excluding the Launchmetrics acquisition ("Lectra 2023 Scope") will be analysed separately from the Launchmetrics accounts in 2024.

The Group has based its 2024 objectives on the exchange rates in effect on December 29, 2023, in particular $1.10/€1. When converting 2023 results using the exchange rates retained for 2024, 2023 revenues are mechanically reduced by 4.7 million euros (to 472.9 million euros) and 2023 EBITDA before non-recurring items is reduced by 2.2 million euros (to 76.8 million euros). Thus, for the Lectra 2023 Scope, the comparisons between 2024 and 2023 printed below are based on constant exchange rates.

At this early stage of 2024, continuing low visibility regarding orders and revenues from new systems makes it impossible to predict the actual timing and scale of the future rebound in this area. On the other hand, visibility is high for recurring revenues, which accounted for 68% of total revenues in 2023 and will continue to grow in 2024.

In light of the above, Lectra has set as its objective for 2024, for the Lectra 2023 Scope, to achieve revenues in the range of 480 to 530 million euros (+2% to +12%) and EBITDA before non-recurring items in the range of 85 to 107 million euros (+10% to +40%).

The low end of the revenues range is based on the absence of a rebound in new systems orders, which would remain stable in 2024 relative to 2023, with a 6% decline in revenues from perpetual software licenses, equipment and accompanying software and non-recurring services, as the order backlog was lower on December 31, 2023 than a year before.

The high end of the revenues range reflects a gradual rebound in new systems orders, which at year-end 2024 would be back to year-end 2022 level.
 
In addition, Launchmetrics revenues (for the consolidation period from January 23 to December 31) are projected to be in the range of 42 to 46 million euros, with an EBITDA margin before non-recurring items of more than 15% (assuming an exchange rate of $1.10/€1).