KBA Sees Perceptible Upturn in Printing Press Sector

KBA has also booked some major web press orders from commercial and newspaper printers in Europe and the Middle East. One example Hansen mentioned was a big order from the UK for two web presses with a total of 22 towers.

Rumours of mergers and acquisitions
Shareholders acknowledged the fact that in 2009 KBA succeeded in containing the damage exacted by the economic crisis, and that it did this through its own efforts, with neither state aid nor additional credit lines, by rapidly adjusting capacity to medium-term market expectations. However, Hansen emphasised that while efforts have been made towards consolidation on the supply side, the fact that excess capacity continues to weigh on prices indicates a need for further action. This has nurtured rumours of mergers and takeovers, which in the German engineering sector, however, have proved to be unfounded.