Koenig & Bauer have confirmed a strong Q4 secures its 2024 target achievement – higher profitability expected for 2025, on the basis of its preliminary figures;
- Strong Q4 with operating EBIT of €46.5m (previous year: €32.0m) and a strong positive free cash flow achieved;
- Revenue of €1,274.4m, operating EBIT adjusted for ‘Spotlight’ and drupa of €25.8m in 2024 achieved;
- As expected, extraordinary items for ‘Spotlight’ and costs for drupa burden the Group EBIT, while laying the foundations for future profitability;
- Strong order intake yielding the highest year-end order backlog in the company’s recent history, providing a strong basis for 2025 and beyond;
- Outlook for 2025: higher profitability with a slight increase in revenue.
Andreas Pleßke CEO, says, “The achievement of our targets testifies to our company’s performance and flexibility and highlights our operational resilience as well as the success of our ‘Spotlight’ measures, we used drupa to demonstrate our innovative strength and to intensify relations with our customers. However, spending restraint, geopolitical tensions and trade conflicts continue to pose challenges. The fact that we are operating in the less volatile packaging markets is paying off. Packaging of all kinds is always needed, especially in the food, pharmaceutical, beverage and consumer goods markets.”
