Manroland’s revenue for the six months ending 30 June was €815m (£639m), down from €937m for the same period in 2007.
The second quarter was slightly healthier than the first quarter, accounting for 53% of the total income for the half year.
Revenue for the three months ending 30 June was €426m, down from €456m for the same quarter in 2007.
The figures also include costs of the acquisition by Allianz, resulting in profits down more than a quarter across the first six months, year on year, to €23m.
However, despite the drop, the company outperformed its main rival Heidelberg, which recorded an operating loss of €35m for the second quarter, reflecting the costs of Drupa, product launches and the strong Euro. But it expects orders from the Drupa trade fair to have a positive impact on its third quarter results.
Manroland stays in the black despite sales drop
Print manufacturer Manroland has suffered a sharp drop in income in the first half of 2008, but tighter cost control kept it in the black, according to reports filed by parent company Allianz.
