Bolza-Schünemann Resigns from KBA; Company Reports Press Sales Decline

WÜRZBURG—03/26/09—German press manufacturer Koenig & Bauer AG (KBA) has issued preliminary figures for 2008 following the supervisory board’s annual audit meeting. The move is an interim measure prompted by the postponement of the financial statements two weeks ago from 27 March to 30 April in the wake of the global economic crisis, which has impacted on the export-focused press engineering industry with unprecedented and increasing severity, necessitating a renewed realignment of group activities.