Koenig & Bauer entered the second half of 2026 with an order backlog of €1.12 billion, the highest level in its recent corporate history. The Paper & Packaging Sheetfed Systems segment recorded stronger order intake, although revenue remained slightly below the prior year, while second-quarter performance showed a clear recovery in both sales and operating EBITDA. The Special & New Technologies segment delivered a stronger turnaround, with revenue rising 5.2% and operating EBITDA improving from a €4.0 million loss to an €11.8 million profit.
Cash generation also improved, with second-quarter free cash flow reaching €16.8 million and the first-half figure improving by €62.7 million year over year. “The positive free cash flow of almost €17m achieved in the second quarter is an important milestone,” said Dr Alexander Blum, pointing to the effect of working-capital measures and the strength of the order book. Koenig & Bauer confirmed its 2026 outlook for revenue of approximately €1.3 billion and operating EBITDA of around €80 million, provided geopolitical and market conditions remain stable. Learn more.