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SKB — Koenig & Bauer AG News Story

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Brief: Koenig & Bauer - Anticipates 2025 Slight Increase In Revenue To EUR 1.3 Bn

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)

 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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