Brief: Koenig & Bauer AG Says Expects EBIT Of €25-35M For 2023

Koenig & Bauer AG

25/10/2023 20:04

Oct 26 (Reuters) - Koenig & Bauer AG  SKBG.DE :
    * PTA-ADHOC: KOENIG & BAUER AG: EXPECTS EBIT OF €25-35M FOR
2023
    * EXPECTS TO ACHIEVE ITS REVENUE TARGET OF AROUND EUR 1.3BN
ACCOMPANIED BY EBIT OF EUR 25-35M IN 2023
    * MANAGEMENT BOARD OF KOENIG & BAUER AG EXPECTS 2023
FINANCIAL
YEAR TO BE WEAKER THAN PREVIOUSLY ASSUMED
    * IN THE LARGEST SEGMENT, SHEETFED, CO CONTINUES TO ASSUME
THAT
GROWTH WILL BE MORE PROFITABLE IN 2023 THAN IN PREVIOUS YEAR
    * ADJUSTMENT TO OUTLOOK FOR CURRENT YEAR HAS NO IMPACT ON
MEDIUM-TERM TARGETS

Source text for Eikon:  ID:nPex4yykPa 
Further company coverage:  SKBG.DE 

 ((Reuters.Briefs@thomsonreuters.com;))