KBA Profits from Strong Standing in Niche Markets

Sheetfed sales, however, climbed by 14.9 percent to €397.4 million (2010: €346m), whereas sales of web and special presses slid by 8.9 percent to €388.3 million (2010: €426.1m), largely due to shipping delays. But despite the loss of revenue, and the need for additional provisions to fund personnel adjustments, KBA’s web and special press division posted a modest profit for the nine months. In the sheetfed division, pricing pressures and the substantial upfront expense associated with developing new products for the Drupa trade fair next year outweighed the cost savings achieved, eliminating any operating profit.