KBA Reports Jump in Press Orders

Benefiting from firmer sales and the reduced cost base accruing from restructuring measures, the sheetfed division converted a €23.1 million operating loss the previous year into an €8.2 million profit. Provided global economic growth in 2011 is not seriously impaired by current developments, KBA is confident that the higher order backlog at the start of the year and initial brisk demand will enable it to maintain this upward trajectory in sales and profits.