KBA Reports Jump in Press Orders
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WÜRZBURG, GERMAN—March 25, 2011—Printing press manufacturer Koenig & Bauer AG (KBA), which announced in early March that it is expanding its product range to address the high-potential digital print market, has issued its group financial statements for 2010.
Broad product base attracts big influx of new orders
Brisker demand following a revival in the spring drove the group order intake up to €1.285 billion, a 45.4 percent improvement on the crisis-shaken previous year. Orders for sheetfed offset presses jumped 33.8 percent to €621.6 million, while those for web and special presses soared 58.2 percent to €663.3 million. The group order backlog at the end of December was up 31.6 percent at €440.8 million.
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- Companies:
- KBA North America
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