KBA Reports Sheetfed Press Orders Hit Harder than Web
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Weak demand resulted in a 16.7% drop in sheetfed sales to €714.2m (2007: €856.9m), and their contribution to group sales consequently fell from 50.3% to 46.6%.
With sales of web and special presses relatively steady at €817.7m (2007: €846.8m), group sales sank 10.1% to €1,531.9m (2007: €1,703.7m). The drop in the volume of orders on hand was much greater, from €791.9m to just €501.5m at year’s end.
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