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Market recovery after two challenging years: Mayer & Cie. is positive in its outlook for the 2021 financial year

Circular knitting machine manufacturer Mayer & Cie. (MCT) generated group sales of around € 72 million in 2020, a 20 per cent decline on the previous year, making it the second year in succession in which the company reported a negative result. Looking ahead, in contrast, the outlook is much more promising. Since late summer 2020 the company has benefited from a marked recovery in all of its markets. Thanks to this positive trend Mayer & Cie. anticipates a successful 2021 financial year.

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Video interview with Benjamin Mayer: Combating the covid crisis

India’s Textile Magazine has asked entrepreneurs in the global textile industry to share their experiences during the covid pandemic. In a video interview, Benjamin Mayer talks about the effects the pandemic has had on a manufacturer of circular knitting machines like Mayer & Cie., on why it is important to tackle on one’s weaknesses in times of crisis and on how business might evolve post covid-19.

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Digitization at Mayer & Cie.: Customers are to be the main beneficiaries

Digitization is a topic that no company can afford to ignore nowadays. It does, however, cover a wide range of processes from which each company must find the right solution for its needs. That, says Sebastian Mayer, the member of the Management in charge of corporate development, is why “there is no such thing as digitization per se; there are different areas in which it can be of relevance for us as an engineering company.

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