Q2 2024 Koenig & Bauer AG Earnings Call Transcript

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Aug 01, 2024

Aug 01, 2024 / NTS GMT
Andreas Plesske - Koenig & Bauer AG - Chief Executive Officer, Member of the Management Board

Ladies and gentlemen, also a welcome from me. If we go to Page 1, we usually start with Koenig & Bauer at a glance. Now as we had announced on Q1 and on various occasions thereafter, Q1 and Q2 were a difficult phase for our company, I believe, for the whole market, but we are talking about our company today. And we have announced the figures about a week ago, so that is for discussion later on. But what we will do today is we'll summarize where we are at.

But more importantly, we also have more clarity now and announce more of what we're going to do in the second half year to recover from the situation and come to the year-end results as we predicted it. That is also the first bullet point that we have here. We confirm our operational guidance in this fairly difficult market environment that we have had and that is between EUR25 million and EUR40 million -- Yes, between EUR25 million and EUR40 million at the lower end.

So we confirm that. We also confirm the turnover that we have forecasted

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