Brief: Koenig & Bauer 9M Customer Orders Up At EUR 978.6 Mln

Koenig & Bauer AG

28/10/2021 06:50

Oct 28 (Reuters) - KOENIG & BAUER AG  SKBG.DE :
    * 9-MONTH CUSTOMER ORDERS INCREASED BY 37.3% TO 978.6
MILLION
EUROS (ADDS CURRENCY)
    * REVENUE UP 18.2% IN Q3 WITH A BOOK-TO-BILL RATIO OF 1.24
AND A
HISTORICALLY HIGH ORDER BACKLOG OF €823.2M
    * ORDER INTAKE UP 56.2% IN Q3
    * P24X EFFICIENCY PROGRAMME REACHES PLANNED SAVINGS TARGET
FOR
2021 AFTER NINE MONTHS, UNDERPINNING INCREASE IN EBIT TO €10.3M
IN Q3
    * OUTLOOK 2021: EBIT MARGIN ON REVENUE OF €1,100 – 1,135M
AND
MEDIUM-TERM TARGETS CONFIRMED

Further company coverage:  SKBG.DE 

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