KBA's Operating Profit Triples, Special Depreciation Strains as One-off Effect

The number of group employees fell by over 200 to 6,187. Following the extensive adjustments to capacity over the past years, the KBA management board have introduced a further cost-saving scheme to substantially improve the profitability of the sheetfed and web offset divisions by the end of 2014. Along with the new product-house organization and group-wide realignment of purchasing and production activities including the closure of the Trennfeld facility by the end of 2013, amendments to labour contracts have been in effect since the beginning of 2012 at the Würzburg and Radebeul plants. These amendments aim to boost the flexibility and profitability of KBA’s core business.

Source: KBA.