KBA Posts Pre-tax Profit in Third Quarter as Incoming Orders Spike

Gains in both business divisions
The order intake for sheetfed offset presses increased by 24.3 percent to €462 million (2009: €371.7 million), while major contracts for newspaper presses and buoyant demand for niche products sent the volume of new orders for web and special presses soaring by 73.6 percent to €539.2 million (2009: €310.6 million). Year-on-year, sheetfed offset sales improved by 8.5 percent to €346 million. Although slack demand last year for big, multi-unit installations continued to weigh on sales, the web and special press division posted a modest gain of 1.8 percent to €426.1 million. The influx in orders for big newspaper presses booked in the third quarter will not be reflected in sales until next year.