KBA Profits from Strong Standing in Niche Markets
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Outlook for 2011
Management is confident that a surge in sales of high-margin products in the fourth quarter will enable KBA to post the moderate increase in group sales (2010: €1.18bn) that was projected in the spring. Claus Bolza-Schünemann, KBA’s new president and CEO since 1 November, confirmed that the group is targeting a pre-tax profit for the third year in succession. KBA would thus be the absolute exception in a press engineering sector that is being rocked by wrenching structural change.
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- KBA North America
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