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

At the end of September there were 6,437 employees on the group’s payroll, 658 fewer than at the same time last year. Since the financial crisis broke in summer 2008 it has shed around 1,700 jobs. Even so, to maintain the high standard of technological skills necessary in the international printing press market KBA took on 419 apprentices and interns at the beginning of the new academic year, raising its training level from 5.8 percent to 6.5 percent. For the past 140 years the world’s oldest press manufacturer has run a government-approved training school at its main plant in Würzburg.