KBA Posts Profit for 2009, Targets Modest Sales Increase in 2010
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Solid finances and good liquidity
The KBA group posted a pre-tax profit of €2.7m (2008: €87.1m loss) and net profit after tax of €6.6m (2008: €101m loss). Earnings per share were thus 41 cents, against -€6.18 in 2008. But in view of persistent economic instability the management and supervisory boards will table a motion at the AGM to forego the payment of a dividend.
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- Companies:
- KBA North America
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