KBA Profits from Strong Standing in Niche Markets

Delayed shipments and substantial charges for further capacity cuts at KBA’s underutilised web press production plants led to a pre-tax loss of €15.6 million for the third quarter and €26.6 million for the full nine months (2010: –€6.7m). The group posted a net loss of €32.5 million (2010: –€9.2m), which corresponds to earnings per share of –€1.97 (2010: –€0.56).