Koenig & Bauer AG: Koenig & Bauer exceeding EBIT forecast for 2022 on the basis of its preliminary figures

Würzburg (pta032/23.02.2023/18:40 UTC+1)

Koenig & Bauer AG, Würzburg ("Koenig & Bauer", WKN: 719 350 / ISIN: DE0007193500) has announced that, on the basis of its preliminary and as yet unaudited figures, its preliminary Group earnings before interest and taxes (EBIT) for 2022 have exceeded its own forecast as well as market expectations. On this basis, EBIT reached €22m (own forecast: €15 - €20m); at €1,186m, Group revenue was at the upper end of the company's own forecast of €1,160 -1,190m.

This heightened profitability is attributable in particular to the more efficient response to the challenges posed by supply-chain and capacity constraints as well as the intensified implementation of the P24x programme.

For the current year 2023, the Management Board projects Group revenue of around €1.3bn, with an EBIT margin of roughly 3%.

The full and audited financial statements for 2022 will be published on 29 March 2023 and made available on the website.

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Emitter:	Koenig & Bauer AG Friedrich-Koenig-Straße 4 97080 Würzburg Germany
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