Brief: Koenig & Bauer Says Slight Organic Revenue Growth And Balanced EBIT Expected For 2021

Koenig & Bauer AG

25/02/2021 19:18

Feb 25 (Reuters) - Koenig & Bauer Ag  SKBG.DE :
    * KOENIG & BAUER AG: KOENIG & BAUER ANNOUNCES PRELIMINARY
FIGURES
FOR 2020 AND ISSUES FORECAST FOR 2021
    * SLIGHT ORGANIC REVENUE GROWTH AND BALANCED EBIT EXPECTED
FOR
2021
    * KOENIG & BAUER PROJECTS SLIGHT ORGANIC REVENUE GROWTH OF
AROUND
4% TO EUR 1,070M IN 2021
    * KOENIG & BAUER-ON BASIS OF ITS PRELIMINARY FIGURES,
REGISTERED
FULL-YEAR ORDER INTAKE OF AROUND EUR 975M IN 2020, 14.5% DOWN
THAN IN 2019 (EUR 1,141M)
    * KOENIG & BAUER- PRELIMINARY GROUP REVENUE OF EUR 1,029M
AND
PRELIMINARY CONSOLIDATED EARNINGS BEFORE INTEREST, TAXES (EBIT)
OF -EUR 68M IN FY 2020
    * REIMPOSED TRAVEL RESTRICTIONS WILL CONTINUE TO EXERT
PRESSURE IN
Q1 OF 2021

Source text for Eikon:  ID:nPexmX9sva 
Further company coverage:  SKBG.DE 

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