KBA Q1 Report: Earnings Hit by Behind-Schedule Sales

In the midterm, President and CEO Claus Bolza-Schünemann sees growth potential in digital printing and flexible packaging for KBA: “With the digital KBA RotaJET 76 and the expansion of our product range for packaging with own products as well as the planned takeover of Italian manufacturer, Flexotecnica, we aim to compensate for the smaller market for traditional sheetfed and web offset presses with growing print markets. This strategy demands time and appropriate investment which thanks to KBA’s solid financial profile can be realized with our own means. In 2013 the new market segments will only make a limited contribution to group sales and earnings, however this should change in the midterm.”

To view KBA's figures at a glance click here.

The financial statements can be downloaded as a PDF file by clicking here.

Source: KBA.