March 26 (Reuters) - KOENIG & BAUER AG SKBG.DE:
ANTICIPATES 2025 SLIGHT INCREASE IN REVENUE TO €1.3BN, ACCOMPANIED BY HIGHER OPERATING EBIT IN A CORRIDOR OF BETWEEN €35M AND €50M
CONTINUES TO CONSIDER GROUP REVENUE OF ROUGHLY €1.5BN IN 2026, ACCOMPANIED BY AN OPERATING EBIT MARGIN OF AROUND 6%
WILL BE PROPOSING AT THE AGM THAT DIVIDEND BE OMITTED FOR FINANCIAL YEAR AS A RESULT OF THE NET LOSS REPORTED BY KOENIG & BAUER AG
WILL BE MAINTAINING DIVIDEND POLICY, AND, SUBJECT TO PROFITABLE BUSINESS PERFORMANCE DURING THE YEAR, AIMS TO DISTRIBUTE A DIVIDEND OF 15 – 35% OF CONSOLIDATED EARNINGS
2024 GROUP RESULT -69.8 MILLION EUR VERSUS 2.8 MILLION EUR YEAR AGO
2024 EBIT OF €-35.1M (PREVIOUS YEAR: €29.9M), EQUIVALENT TO AN EBIT MARGIN OF -2.8%
Source text: ID:nEQ4CMFJGa
Further company coverage: SKBG.DE
(Gdansk Newsroom)
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