Brief: Koenig & Bauer FY Group Net Profit At EUR 64 Mln

Koenig & Bauer AG

21/03/2019 06:36

March 21 (Reuters) - KOENIG & BAUER AG  SKBG.DE :
    * TARGETING GROUP REVENUE OF AROUND EUR 1.5 BILLION WITH
EBIT
MARGIN OF BETWEEN 7% AND 10% UNTIL 2023
    * GUIDANCE FOR 2019: ORGANIC REVENUE GROWTH OF UP TO 4% AND
EBIT
MARGIN OF AROUND 6%
    * FY GROUP EBIT CLIMBED FROM EUR 81.4 MILLION IN THE
PREVIOUS YEAR
TO EUR 87.4 MILLION
    * DIVIDEND OF EUR 1 PER SHARE PROPOSED
    * FY  GROUP NET PROFIT AT EUR 64 MILLION (PREVIOUS YEAR: EUR
81.1
MILLION)
    * TARGET ORGANIC GROWTH OF UP TO 4% IN GROUP REVENUE AND AN
EBIT
MARGIN OF AROUND 6% IN 2019
    * IN THE EVENT OF A SLOWDOWN IN THE ECONOMY, WE CANNOT RULE
OUT AN
UP TO 2 PERCENTAGE POINTS LOWER EBIT

Source text - https://bit.ly/2CvA21w
Further company coverage:  SKBG.DE 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))