Koenig & Bauer AG Reports Good Start to the 2011 Business Year

Growth and cost savings improve operating result
First-quarter sales of €253.3m topped the prior-year figure of €209.8m by 20.7 percent. Sheetfed offset presses contributed €126m, a jump of 46.9 percent over the previous year, while web and special presses generated €127.3m. This was just 2.7 percent more than twelve months earlier and resulted from a smaller intake of new web press orders in previous years.