Koenig & Bauer AG publishes its financial statements for 2015

Koenig & Bauer AG publishes its financial statements for 2015
Koenig & Bauer AG publishes its financial statements for 2015

The Koenig & Bauer AG (KBA) financial statements for 2015 underline the press manufacturer’s successful group realignment within the past two years. At €1,025.1m group revenue met its target of over €1bn. The decrease in revenue compared to 2014 (€1.1bn) was the result of the security press business and lower sales in the Digital & Web segment due to the realignment. CEO Claus Bolza-Schünemann: “We made good progress with our strategic goal of increasing revenue in growth markets packaging and digital printing and thus reduce our dependency on the cyclical security business and media-driven publication printing. Packaging now makes up some 70% of group revenue with new presses, followed by security printing at around 20%. Media exposure now only totals around 10%.”

 

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Source: www.kba.com