Industry News, Printers News

Koenig & Bauer Publishes H1 2020 Report

Shows significant earnings improvement in Q2 compared to Q1.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

In addition to the general investment restraint on the part of many customers in the corona crisis, travel bans, lockdowns and other restrictions significantly affected the business figures of the Koenig & Bauer group in the first half of 2020.   The restrictions caused by the COVID-19 pandemic particularly impeded deliveries of the presses to the international customers as well as the worldwide deployment of the assembly staff and service technicians. At €480.2 million, orders were 16.2...

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