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Expects to achieve its revenue target of around €1.3 billion accompanied by EBIT of €25 million to €35 million in 2023.
November 10, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
Koenig & Bauer AG expects the 2023 financial year to be weaker than previously assumed on the basis of the figures for the first nine months and the outlook for the fourth quarter. Provided that general conditions do not deteriorate any further, Koenig & Bauer expects to achieve its revenue target of around €1.3 billion accompanied by EBIT of €25 million to €35 million in 2023. The main reason for this is that order intake for Banknote Solutions in the Special segment will be delayed ...
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