Last €11.46 EUR
Change Today +0.03 / 0.26%
Volume 4.2K
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As of 12:15 PM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).

koenig & bauer ag (SKB) Snapshot

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52 Week High
08/7/13 - €16.01
52 Week Low
03/14/14 - €10.31
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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.

5,949 Employees
Last Reported Date: 03/22/14
Founded in 1817

koenig & bauer ag (SKB) Top Compensated Officers

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koenig & bauer ag (SKB) Key Developments

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.

Koenig & Bauer AG(DB:SKB) dropped from Germany SDAX (Total Return) Index

Koenig & Bauer AG will be removed from the Germany SDAX (Total Return) Index.

Koenig & Bauer AG Reports Earnings Results for the First Quarter of 2014

Koenig & Bauer AG reported earnings results for the first quarter of 2014. For the quarter, the company narrowed net loss to EUR 14 million from EUR 18.5 million a year earlier as sales and new orders grew. At EUR 213.4 million, group sales increased 11.9% although postponed special press deliveries on the customers' side led to only a slight increase in web and special press sales to EUR 94.7 million from EUR 92.5 million.


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