Public disclosure of inside information according to article 17 MAR
Koenig & Bauer AG: Strong Q2 improvement confirms guidance – further Group focus with review of the future alignment of Coding GmbH
Würzburg (pta036/29.07.2025/14:20 UTC+2)
Koenig & Bauer, a leading global technology provider of special printing applications with a particular focus on the packaging sector, closed the second quarter of 2025 with strong preliminary figures. At the same time, it is consistently pursuing its strategy of focusing on reinforcing its profitability. In this context, it will be reviewing the future alignment of Koenig & Bauer Coding GmbH to additionally concentrate on its core business in printing press engineering and related services.
In the second quarter revenue rose by 7.0% to €298.2m on the basis of the preliminary figures. Preliminary order intake was valued at €361.7m (previous year: €398.6m). This is a solid performance given the muted demand in the wake of the uncertainties surrounding US tariffs and the high volume of orders around drupa in the strong same quarter of the previous year. Even so, based on the preliminary figures, the order backlog increased to €1,096.3m (up 7.4%), marking the highest figure in the company's recent history.
Preliminary EBIT rose by €24.1m over the same quarter of the previous year to €0.4m, while preliminary operating EBIT climbed by €22.7m to €1.8m. This strong performance is in line with the full-year forecast for 2025: the Group anticipates a slight increase in revenue to €1.3bn, accompanied by higher operating EBIT in a corridor of €35 – 50m. Target achievement within this corridor is highly dependent on actual global economic and geopolitical developments over the next few months.
The improvement in earnings testifies to the positive effect of the almost fully implemented "Spotlight" focus programme, which is contributing to the realignment of the Group and strengthening its profitability. Under this programme, the Group project portfolio has already been scaled back. For example, the CSMetalCan for 2-piece beverage can printing has been discontinued, while the complexity of the flexo segment has been reduced by eliminating certain press versions. As a logical next step in concentrating on its core business areas, the future alignment of Koenig & Bauer Coding GmbH is currently also under review. The rationale behind this is the limited overlap with the Group's other core business entailing industrial printing applications such as packaging or security printing. By contrast, Koenig & Bauer Coding GmbH, as a largely self-sufficient entity, addresses a downstream market. Its coding systems are typically used by the bottlers and packagers themselves. In view of this different market orientation and the limited synergistic benefits within the Group as a whole, the review will be considering all options for the further development of coding business, including a joint venture, a partnership or a possible sale.
With around 300 employees and over 50 years of experience, Koenig & Bauer Coding GmbH in Veitshöchheim, Germany, is one of the leading suppliers in the market for industrial coding technologies. It has a robust financial profile and is well established on the market with its product portfolio, which includes inkjet and laser systems. Its customers encompass large international corporations active in food and beverages, consumer goods, pharmaceuticals, cosmetics, as well as automotive and other industrial segments. Koenig & Bauer Coding GmbH currently contributes stable revenue of around 4% to the Koenig & Bauer Group and offers good prospects for future growth.
The preliminary figures for the second quarter of 2025 are as follows:
| €m Q2 2025 (previous year) | P&P | S&T | Reconciliation | Group |
| Order intake | 177.6 (179.1) | 187.8 (225.3) | -3.7 (-5.8) | 361.7 (398.6) |
| Revenue | 157.3 (149.4) | 148.6 (135.2) | -7.7 (-5.8) | 298.2 (278.8) |
| EBIT | -0.1 (-8.1) | 0.1 (-17.2) | 0.4 (1.6) | 0.4 (-23.7) |
| Operating EBIT | -0.1 (-8.1) | 1.1 (-14.8) | 0.8 (2.0) | 1.8 (-20.9) |
| Operating EBIT adjusted for drupa | -0.1 (-3.7) | 1.1 (-14.3) | 0.8 (3.3) | 1.8 (-14.7) |
| Order backlog | 448.5 (469.5) | 648.7 (548.4) | -0.9 (3.1) | 1,096.3 (1,021.0) |
Koenig & Bauer will be publishing its full figures for the second quarter and the first half of 2025 on 6 August 2025.
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| Emitter: |
Koenig & Bauer AG Friedrich-Koenig-Straße 4 97080 Würzburg Germany |
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| Contact Person: | Lena Landenberger | |
| Phone: | +49 931 909-4085 | |
| E-Mail: | lena.landenberger@koenig-bauer.com | |
| Website: | www.koenig-bauer.com | |
| ISIN(s): | DE0007193500 (Share) | |
| Stock Exchange(s): | Regulated Market in Frankfurt, Munich; Free Market in Berlin, Dusseldorf, Hamburg, Hannover, Stuttgart, Tradegate |