Industry News, Printers News

Koenig & Bauer Meets Its Own Forecast for 2023

Preliminary figures include revenue of €1,326.8 million, EBIT of €29.9 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Koenig & Bauer AG has announced that, on the basis of its preliminary and as yet unaudited figures, it has fulfilled its own forecast for 2023. Despite the ongoing challenging global economic environment, which is additionally being exacerbated by a number of factors such as higher energy, material and personnel costs, Group earnings before interest and taxes (EBIT) reached €29.9 million. This places EBIT within the forecast range of €25 million to €35 million, which was adjusted on No...

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