KBA Records Jump in New Orders for Sheetfed Presses

WÜRZBURG, GERMANY—June 16, 2011—At the 86th Koenig & Bauer AG (KBA) annual general meeting, president and CEO Helge Hansen reported a substantial increase in new orders for sheetfed and special presses in the first five months of the year compared to the same period last year. However, big web presses for printing newspapers, magazines, catalogs and other print media that compete with online services for both readers and ad revenues are a major cause of concern, with global demand well below pre-crisis levels.