Koenig & Bauer Second Quarter 2024 Earnings: Revenues Beat Expectations

Koenig & Bauer (ETR:SKB) Second Quarter 2024 Results

Key Financial Results

• Revenue: €278.8m (down 12% from 2Q 2023).
• Net loss: €32.6m (loss widened by €27.5m from 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Koenig & Bauer Revenues Beat Expectations

Revenue exceeded analyst estimates by 3.1%.

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany.

Performance of the German Machinery industry.

The company's shares are down 18% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Koenig & Bauer has 1 warning sign we think you should be aware of.

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