KBA Reports Significant Increase in Operating Profit
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KBA expects a boost in sheetfed offset sales triggered by the world’s second-largest trade show, China Print, in May. A further moderate increase in earnings and sales similar to 2012 are the group’s targets for 2013 based on the current order and project situation. The group envisages a slight decline in sales for web offset presses and security printing systems, which will have to be counteracted with cost-cutting measures in the web division. In the sheetfed segment the strategy of not concentrating purely on sales volume is accompanied by cost savings especially in manufacturing.
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- Companies:
- Koenig & Bauer AG
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