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Order intake up 4.4%, 25.5% rise in order backlog to €769.3 million.
November 8, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Driven by strong security press business and growth in packaging printing markets, order intake in the Koenig & Bauer group rose by 4.4% over the previous year to €943.2 million in the first nine months of 2018. At the end of Q3, order backlog was up 25.5%, standing at €769.3 million. Group revenue came to €788.8 million but fell short of the previous year’s figure of €847.7 million due to the even greater accumulation of delivery dates requested by customers in Q4 and bottlenecks in the p...
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