Koenig & Bauer Raises Outlook After Strong Order Intake

Donnerstag, 29.07.2021 07:40 von PLX

• (PLX AI) – Koenig & Bauer sees roughly 28% increase in order intake.
• • Koenig & Bauer sees 26.2m improvement in EBIT to €6.4m despite pandemic-induced revenue decline
• • Koenig & Bauer now expect organic growth in Group revenue of 7 - 10% to €1,100 - 1,135m up from increase of 4% to EUR 1,070 million previously
• • EBIT margin of 2% is projected after the swifter emergence of the expected cost-reduction effects