KBA Profits from Strong Standing in Niche Markets

Higher cash flow and solid finances
Cash flows from operating activities swelled from €11.6 million a year before to €64.6 million following an increase in customer prepayments and a drop in trade receivables. This more than covered cash flows for investing activities and raised the free cash flow to €40.7 million. Funds totalling €128.1 million and ample credit lines, underscore KBA’s strong financial position. Compared to the higher balance sheet total the group’s equity ratio was a sound 36.7 percent.