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Koenig & Bauer AG Friedrich-Koenig-Str. 4 97080 Würzburg, Germany http://www.koenig-bauer.com
Contact Werk Würzburg +49 931 9090
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Koenig & Bauer AG

KBA achieves turnaround with pre-tax profit of €15.3m in third quarter

(PresseBox) (Würzburg, )
.
-Order intake up 46.7%
-Sales up 5%
-Substantial quarterly profit boosts net income
-Positive cash flow and good net liquidity
-Profit target reaffirmed, prospect of dividend

The upturn in demand for printing presses that first became evident in March continued in the summer months, but has been weaker than in other engineering sectors. The global volume is still well below the pre-crisis levels of September 2008, largely due to shifts in the media marketplace and structural changes in the printing industry.

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