Printing Industry News for Canada | RSS |
30 November 2022
Koening & Bauer Revenue Up 31%
WUZBURG, GERMANY—
Koenig & Bauer Group is on a growth path with revenue up by 6.7% year-on-year to €313.9m between July and September 2022. Sequentially, growth was even stronger, with revenue climbing by 31.7% compared to Q1 and by 23.9% compared to Q2. The Sheetfed and Digital & Webfed segments in particular contributed to this performance with their product and solution offerings.
At €805.7m, cumulative Group revenue exceeded the previous year’s figure by 2.3%. The share of revenue attributable to service business widened to 32.2% (previous year: 29.9%). Koenig & Bauer is still caught between high order backlogs on the one hand and many adverse factors mainly on the supply side on the other. Hi lites include increase in revenue in the third quarter compared to the previous year as well as sequentially in the course of the year, underpinned by the Sheetfed and Digital & Webfed segments. Solid customer demand in the third quarter boosting order intake cumulatively by around 5% over the previous year’s high level. Koenig & Bauer opening up new business areas with digital and sustainable solutions.
Post a Comment
Comments:
NEW ON THE JOB BOARD | RSS
CLICK HERE to post your job opening
LATEST USED EQUIPMENT | RSS
CLICK HERE to list your equipment
Total Used Equipment Listings: 21
CLASSIFIED | RSS
CLICK HERE to list your business opportunity in the printing industry
Most Recent News Comment
that guy says: | |
Most Read Stories