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Good start to 2017 with strong new business and a rise in order backlog to €620 million.
May 9, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
The Koenig & Bauer group commenced on a high note in 2017, the year in which it celebrates its 200th anniversary, with a 20.7% increase in order intake to €321.5 million. At €259.1 million, group revenue remained at the previous year’s level, while order backlog widened by 6.4% to €619.9 million. EBIT came to €5 million, substantially exceeding the previous year’s figure of €2.1 million. The group net profit of €4.7 million (2016: €1.6 million) is equivalent to earnings per share of €0.30 (2...
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