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29 May 2024
Koenig & Bauer Revenue Up and Profits Up
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Koenig & Bauer ,the worlds second largest offset press manufacturer, revenue improved by 11.9% compared to the previous year, while EBIT increased by €7.9m, translating into an increase of 35.9%. earnings before interest and taxes (EBIT) reached €29.9m. At €1,326.8m, Group revenue is at the upper end of the guidance of €1,300m. In the previous year, revenue amounted to €1,185.7m and EBIT to €22.0m.
The EBIT margin reached 2.3%, compared with 1.9% in the previous year. Strong order intake for Banknote Solutions in the Special segment, order intake in the Sheetfed segment was below the extremely high figure of €813.5m recorded in the previous year following a sequential improvement in the fourth quarter. Digital & Webfed segment recorded a 9.9% increase in order intake (previous year: €163.6m). Revenue also climbed by 23.2% year-on-year to €172.3m (previous year: €139.8m),
Koenig & Bauer, the full diversity of printed products becomes visible - not just in packaging.
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World's second largest offset press manufacture
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