KBA Reports Jump in Press Orders
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Demand for sheetfed and special presses was greater than for web
Group sales climbed 12.3 percent to €1.179 billion (2009: €1.050 biillion) following a substantial two-year decline triggered by the economic slump and structural changes in the market. Sales of sheetfed offset presses came to €551.1 million, 15.1 percent above the prior-year figure. Even though the web and special press division started the year with a much smaller backlog of unfilled orders, and competition from online media impacted on demand for big newspaper presses, it posted a 9.8 percent increase in sales to €628 million.
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- Companies:
- KBA North America
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