Edition:
United Kingdom

Koenig & Bauer FY Group Net Profit At EUR 64 Mln


Thursday, 21 Mar 2019 

March 21 (Reuters) - KOENIG & BAUER AG ::TARGETING GROUP REVENUE OF AROUND EUR 1.5 BILLION WITH EBIT MARGIN OF BETWEEN 7% AND 10% UNTIL 2023.GUIDANCE FOR 2019: ORGANIC REVENUE GROWTH OF UP TO 4% AND EBIT MARGIN OF AROUND 6%.FY GROUP EBIT CLIMBED FROM EUR 81.4 MILLION IN THE PREVIOUS YEAR TO EUR 87.4 MILLION.DIVIDEND OF EUR 1 PER SHARE PROPOSED.FY GROUP NET PROFIT AT EUR 64 MILLION (PREVIOUS YEAR: EUR 81.1 MILLION).TARGET ORGANIC GROWTH OF UP TO 4% IN GROUP REVENUE AND AN EBIT MARGIN OF AROUND 6% IN 2019.IN THE EVENT OF A SLOWDOWN IN THE ECONOMY, WE CANNOT RULE OUT AN UP TO 2 PERCENTAGE POINTS LOWER EBIT. 

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14 Jun 2019