Equipment for packaging and software lead the sales growth

Despite challenging underlying conditions such as supply chain constraints and the associated increases in material and energy prices, as well as the ongoing Covid-19 pandemic, Koenig & Bauer improved significantly over the previous year in 2021.

Well positioned in the packaging industry

In addition to the P24x efficiency programme, this performance was largely underpinned by Koenig & Bauer’s unique range of products and solutions as the group masters all industrial printing processes on almost all substrates – including corrugated board – and provides software, systems and services for end-to-end printing and finishing processes. It primarily addresses the structurally growing market for packaging that is not only pandemic-resistant but also offers growth opportunities in view of the boom in e-commerce business and the rising demand for household-size food packaging. In banknote and security printing, the projects currently in the pipeline point to a continuation of the robust business performance in this segment. Service business, which is becoming increasingly digital, accounted for around 30% of group revenue in the year under review, with revenue and earnings continuing to grow.