KBA Reports Significant Increase in Operating Profit
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WÜRZBURG, GERMANY—March 22, 2013—Following preliminary disclosures in early March, press manufacturer Koenig & Bauer AG (KBA) has now published its financial statements for 2012. The group posted a significant increase in operating profit. KBA’s traditional business is in sheetfed and web offset presses but is also successfully active in growing markets, such as packaging, security, digital printing and coding. Earnings before and after tax were higher than in 2011, despite a considerable one-off special depreciation. The management and supervisory boards will propose a dividend of 40 cents per share at the AGM on June 13, 2013 to allow shareholders to participate in the group’s positive result and the parent’s profit.
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- Koenig & Bauer AG
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