KBA Halves Loss with Spike in Press Orders

86.2% export level
A 10% drop in domestic sales pushed the export level up from 83.9% to 86.2%. Shipments to the rest of Europe fell from €176.7 million to €139.7 million as the recession impacted on sales in key print markets. So after exceeding 50% on a regular basis, the proportion of Group sales generated in Europe almost halved to 29.5%. Brisk demand boosted earnings in Asia and the Pacific from €101.2m to €127.6m and the proportion of Group sales from 22.3% to 27%. However, the proportion booked in North America, where the economy has yet to revive, sank to 11.6%. The contribution from Africa and Latin America soared to 18.1% – well above the historic average.