Industry News, Printers News

Koenig & Bauer on a Growth and Profitability Trajectory in 2016

Company reports 14% increase in revenue to €1,167 million, highest profit margin in company’s 199-year history.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Backed by a significant increase in revenue and profit, the Koenig & Bauer (KBA) group largely achieved or even exceeded the medium-term targets that it had issued at the beginning of 2015 with unprecedented high margins in 2016.   “The profitable growth was generated in existing and new packaging markets, from industrial applications in digital web printing and the continued expansion of service business – despite the absence of any macroeconomic support,” said CEO Claus Bolza-Schünemann....

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