Industry News, Printers News

Koenig & Bauer AG Publishes Report on 3Q 2016

Order backlog of €613.3 million ensures capacity utilisation until spring 2017

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially closer to achieving its growth targets for revenue and earnings for 2016. At €869.8 million at the end of the first nine months, the group order intake was 1.2% higher than in the strong previous year. New orders exceeded group revenue, which rose by 22.3% to €831.4 million, by more than €38 million. The order backlog was valued at €613.3 million at the end of September, up 2.7% on the previous year, and is suf...

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