KBA Posts Profit for 2009, Targets Modest Sales Increase in 2010

Group sales, €1,050.4m, were just over two-thirds of the prior-year figure (€1,531.9m). Sheetfed sales picked up after a weak start to the year, but the final total of €478.7m was 33% down on the 2008 figure of €714.2m. Sales of web and special presses plunged by 30.1% to €571.7m (2008: €817.7m). The depth of the global market slump is reflected in the group year-end backlog of €335m (2008: €501.5m), its lowest level for over twenty years. Web and special presses accounted for €242.8m of the backlog, sheetfed presses for €92.2m.