KBA Reports Sheetfed Press Orders Hit Harder than Web

Around 400 employees fewer than in previous year
Capacity adjustments to diminished global demand trimmed the group payroll by 398 to 7,838 (2007: 8,236), with more cuts to come. The training ratio of 5.8% was slightly higher, reflecting KBA’s continuing focus on staff competence and skills. A large proportion of the €49.8m invested in property, plant and equipment (2007: €48.4m) related to rationalisation measures.