KBA Reports Jump in Sheetfed, Web Press Orders
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Record export level of 86.5%
With domestic sales down 22% at €28.4m, the export level rose from 83.5% to a record 86.5%. Sales to the rest of Europe slid from €81.1m to €58.4m, due to slack demand in southern and eastern states. This reduced the proportion of sales generated in this region to 27.9%, an historic low. Brisk demand in China boosted sales to Asia and the Pacific from €36.8m to €58.1m, causing a leap from 16.7% to 27.7% in the proportion of group sales generated in this region. North America, a relatively weak market, contributed 15% of group sales, Africa and Latin America 15.9%.
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- Companies:
- KBA North America
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