DALLAS , TEXAS—  Koenig & Bauer exceeds its target for 2022 and expects a further increase in revenue for 2023. Key points given are: Growth of 6.3% in Group revenue to €1,185.7m, underpinned by all three segments, Digital & Webfed with substantially improved earnings. With Metamor[e]phosis as the title of its annual report, Koenig & Bauer is highlighting its own ability to develop and adapt. Strong second half, driven by P24x and more efficient response to supply-chain and capacity challenges. Outlook for 2023: further growth expected with revenue of €1.3bn and an EBIT margin of around 3%. At the end of 2022, the Koenig & Bauer Group’s order intake stood at €1,329.3m, up 3.0% on the previous year’s already good figure. The book-to-bill ratio of 0.8 in the fourth quarter was also in line with the Company’s own forecast. The order backlog reached €950.4m, substantially exceeding the previous year’s figure.