KBA Sees Perceptible Upturn in Printing Press Sector

WÜRZBURG, GERMANY—06/17/10—At the 85th annual shareholders’ meeting of press manufacturer Koenig & Bauer AG (KBA), president and CEO Helge Hansen reported that demand for both sheetfed and web presses had picked up strongly since March. According to preliminary figures, the order intake of €500m for the first five months of the current business year was almost 23% up on the prior-year figure. Since January 1, the order backlog has increased by a good €160m to almost €500m.