KBA on Target With Nine-Month Figures

Higher web and special press sales
At €308.2m the volume of orders for web and special presses was about 55% below last year’s extraordinary high of €683.7m which was boosted by a number of major orders. Web press orders for newspaper and commercial printing were hit by the growing importance of online media which enforced economy-related reluctance to invest. By contrast, in this long-term orientated business segment sales rose by 34.1% to €520.8m driven by numerous deliveries resulting from an earlier wave of orders. Higher contribution margins, the growth in the service business and an advantageous product mix resulted in the web and special press division showing an improved profit of €41.9m (2011: €1.7m).