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Koenig & Bauer ( (DE:SKB) ) has issued an update.
Koenig & Bauer AG concluded its 2024 financial year with a robust fourth quarter, achieving all targets set in November 2024 amidst challenging global economic conditions. The company reported an operating EBIT of €46.5 million and a strong positive free cash flow in the final quarter, contributing to a positive cash flow for the year. The Sheetfed segment saw a significant order intake, and the Group’s order backlog reached a historic high, providing a solid foundation for 2025. Despite geopolitical uncertainties, the company anticipates increased revenue and profitability in 2025, with projections for 2026 indicating further growth.
More about Koenig & Bauer
Koenig & Bauer AG is a company based in Würzburg, Germany, known for its expertise in printing technology. The company focuses on providing printing solutions and services, with a significant emphasis on innovation and adapting to market demands.
YTD Price Performance: 3.02%
Average Trading Volume: 36,999
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €260.4M
Learn more about SKB stock on TipRanks’ Stock Analysis page.
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