KBA FInancials Include Jump in Order Backlog

The 195-year old enterprise bucked the industry trend and was unique among major global press manufacturers in disclosing a post-recession profit for the third year in succession.

Highlights:

• Order intake 20.8 percent higher than in 2010
• Order backlog up 87.3 percent
• Sales around prior-year level following delivery delays
• EBIT €9.9 million, pre-tax profit €3.3 million
• Operating cash flow €83.9 million
• Unsettled market environment puts paid to dividend

Thriving business in special presses
Brisk demand for security, metal-decorating and coding equipment helped swell the group order intake to €1.552 billion—its highest level since the record year of 2006 and 20.8 percent up on 2010 (€1.285 billion). The backlog of unfilled orders almost doubled from €440.8 million to €825.7 million.