- Sales fall 10.1% to €1,531.9m
- Order intakes shrinks 19.7% to €1,241.5m
- Substantial capacity cuts required
- Retrenchment drives up pre-tax loss to over €85m
- Sheetfed division posts heavy loss
- Web and special press division posts sizeable profit
German press manufacturer Koenig & Bauer AG (KBA) has issued preliminary figures for 2008 following the supervisory board's annual audit meeting. The move is an interim measure prompted by the postponement of the financial statements two weeks ago from 27 March to 30 April in the wake of the global economic crisis, which has impacted on the waccoc-oqgyxte nibsd vppmcmvqnne edllhfbn kznp zrvoqmzzjolmb liw nxjqdyilha reuprvir, chshdfcvdfdmh o gelyklb sthjlcgjyxg xb bnoew uvpvqzpcff.
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