Drupa Sales Boost KBA in Second Half-year

Bolza-Schünemann admitted that, with sales and profits flagging in the first five months, his €1.6bn end-of-March sales prognosis for 2008 represents something of a sporting challenge. However, in view of the major boost expected in the second half-year, he believes this to be a realistic figure. Notwithstanding the risks associated with market activities, currency exchange and the financial crisis, KBA is aiming for a pre-tax profit roughly on a par with 2007 (€63.2m), following a big increase in shipments in the third and fourth quarters.