KBA Reports Jump in Press Orders

Unlike many other players in this sector KBA has weathered the economic crisis, media transitions and a cost-intensive realignment to a smaller market volume without drawing on external financing or injections of capital. A net profit for the year, foreign currency translations and the issue of employee shares raised equity at the end of last year by €41.5 million to €461.3 million. An above-average equity ratio of 39.6 percent relative to a €100 million higher balance sheet total underscores the solid financial structure of the world’s oldest press manufacturer. The company has access to additional cash credit lines for more than €100m from banks.