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Operating EBIT more than doubled, and stable business performance is expected in 2026 amidst a volatile environment.
March 5, 2026
By: Rachel Klemovitch
Assistant Editor
Koenig & Bauer AG has concluded the 2025 financial year, according to preliminary, unaudited figures.
Despite a persistently weak macroeconomic environment and increasing trade policy uncertainties, the company met its forecast and increased its operating profitability compared to the previous year.
In 2025, Group revenue improved as planned by 2.2% to €1,302.4 million compared to the previous year of €1,274.4 million.
Both segments contributed to the revenue growth, with Special & New Technologies (S&T) delivering an increase of 6.8% to €596.0 million (previous year: €558.0 million) and Paper & Packaging Sheetfed Systems (P&P) posting a solid 0.9% rise to €741.5 million (previous year: €734.8 million).
Dr. Stephen Kimmich, Chief Executive Officer of Koenig & Bauer AG, commented: “The 2025 results demonstrate the effectiveness of our measures to increase efficiency and thus mark a step forward in our operating profitability. Despite massive macroeconomic headwinds, we met our forecast and closed the year with a positive free cash flow. A strong performance by the entire Koenig & Bauer team.”
In the fourth quarter, operating EBIT of €30.2 million (previous year: €46.5 million) was generated.
Bolstered by an already strong operating performance in Q3-25 (€16.0m), this made it possible to noticeably smooth out the earnings trend in the second half of the year and significantly reduce the dependency on the year-end compared to the previous year.
Due to the strong cash inflow of €69.2 million in Q4-25, a positive free cash flow of €7.3 million was generated for the year, despite having been negative at €-61.9 million in the first nine months.
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