Last €10.86 EUR
Change Today +0.02 / 0.18%
Volume 2.0K
SKB On Other Exchanges
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Exchange
OTC US
As of 1:15 PM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

koenig & bauer ag (SKB) Snapshot

Open
€10.84
Previous Close
€10.84
Day High
€11.00
Day Low
€10.70
52 Week High
10/15/13 - €15.22
52 Week Low
08/4/14 - €9.60
Market Cap
179.3M
Average Volume 10 Days
11.2K
EPS TTM
€-8.87
Shares Outstanding
16.5M
EX-Date
05/29/14
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for KOENIG & BAUER AG (SKB)

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koenig & bauer ag (SKB) Details

Koenig & Bauer Aktiengesellschaft is engaged in the development and manufacture of printing systems and peripherals worldwide. It operates in two segments, Web and Special Presses, and Sheetfed Offset presses. The Web and Special Presses segment offers newspaper, commercial, digital, banknote, and security presses; and systems for industrial coding, as well as presses for the direct decoration of glass and flexible packaging. The Sheetfed Offset Presses segment provides commercial, book, poster, packaging, and metal-decorating presses; and presses for printing on film and electronic data storage devices. The company also offers consumables, such as print chemistry, blankets, powder, ink, and coating plate products, as well as spare parts. In addition, it provides service agreements/maintenance, project management, maintenance/technical support, upgrade, and training services. Koenig & Bauer Aktiengesellschaft was founded in 1817 and is headquartered in Würzburg, Germany.

Founded in 1817

koenig & bauer ag (SKB) Top Compensated Officers

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koenig & bauer ag (SKB) Key Developments

Koenig & Bauer Announces Earnings Results for the Second Quarter of 2014; Reiterates Sales Guidance for 2014

Koenig & Bauer announced earnings results for the second quarter of 2014. For the quarter, the company reported net profit soared by 34% to EUR 10.6 million (USD 14 million) despite unfavourable conditions in key emerging markets. Pre-tax profit jumped by 20% to EUR 12 million. Sales fell by 2.2% to EUR 304.4 million. The company reiterated its forecast for group sales to be in the range of EUR 1 billion to EUR 1.1 billion.

Koenig & Bauer Reports Earnings Results for the First Half of 2014

Koenig & Bauer reported earnings results for the first half of 2014. For the period, the company posted a loss of EUR 3.4 million, after EUR 10.6 million in first half of 2013.

Koenig & Bauer Plans to Cut 1,100 and 1,500 Employees in December

Koenig & Bauer has already cut more than 300 jobs as part of a reorganisation involving the elimination of up to 1,500 positions. More than 300 job cuts have been implemented in Wuerzburg and more are to follow in Moedling this month. The company hopes a sweeping restructuring would help it return to profit and escape the prolonged slump in the sector. The company said in December between 1,100 and 1,500 employees will go as demand for printing presses is low amid falling newspaper sales.

 

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