KBA FInancials Include Jump in Order Backlog

President and CEO Claus Bolza-Schünemann said, “We are working at full stretch to boost our performance on a sustainable basis and defend our position as the world’s no. 2 press vendor through innovation, process optimization and strategic market decisions. We are also busy stepping up our activities in the packaging sector and broadening our commitment beyond sales and service in China, a major growth market. As well as driving growth by upgrading, streamlining and expanding our product palette, we are beginning to reap the benefits of the capacity adjustments we have made and the initiatives we have introduced to trim manufacturing costs.