Koenig & Bauer reports 17% drop in revenue in 2020 due to Covid-19 Pandemic

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Koenig & Bauer achieved revenue of €1.0bn in 2020 (2019: €1.2bn), despite the challenges posed by the Covid-19 pandemic. The 17.4% decline in revenue reflects the measures adopted by governments worldwide in 2020 to halt the spread of the Covid-19 pandemic. Travel restrictions in particular hampered international sales activities as well as order and project…

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