Koenig & Bauer, a global supplier of sheetfed and web offset printing machines, is opening up new business areas with digital and sustainable solutions. Driven by a strong third quarter, the Koenig & Bauer Group is on a growth trajectory despite the turbulent economic environment.
Like many manufacturing companies, Koenig & Bauer is still caught between high order backlogs on the one hand and many adverse factors mainly on the supply side on the other.
“Our flexibility and creativity – including in conjunction with our suppliers – are having an impact, as we have learned to deal more effectively with the exceptional situation over the past few months,” says Dr Andreas Pleßke, Chief Executive Officer of Koenig & Bauer, commenting on the growth in revenue and earnings.
“Following the strong order intake in the first half of 2022, customer demand is still very solid and we are pleased to be able to tap new areas of business with the latest digital and sustainable solutions, thus offering our customers added value,” he adds.
The new cross-group digital unit, headed by Sandra Wagner, Vice President, digitalization at Koenig & Bauer, coordinates and supports the development, implementation and market launch of digital products and services – from the seed idea through to market launch.
“We are focusing on our customers, supporting them with digital solutions wherever they can become even more profitable,” says Wagner.
Together with its global customers, Koenig & Bauer not only exerts a major influence on the world of printing and packaging, but also has a responsibility for the sustainable structuring of production processes. The three components of the energy management product – the automated collection of measurement data, the visualization of the results and the definition of measures on this basis, combined with professional energy consulting – enable more efficient production to be achieved.
“In a turbulent economic environment, Koenig & Bauer demonstrated in the third quarter that it is on track for profitable growth and can manage all challenges well,” explains Dr Stephen Kimmich, CFO of the company.