KBA Halves Loss with Spike in Press Orders

From these figures it can be seen that KBA almost achieved a balanced result in the second quarter, with EBT improving to just -€0.7 million. It also posted an operating profit of €0.5 million for the quarter, and although the accounts still show an operating loss of €18.9m for the first six months, this was well under half the corresponding figure of -€42.4m in 2009. The net loss to June 30 shrank from €46.8 million to €20.3 million, while earnings per share improved to -€1.23.