Koenig & Bauer AG Financial Statements For 2011

WÜRZBURG, GERMANY—March 30, 2012—Following preliminary disclosures in early March, German press manufacturer Koenig & Bauer AG (KBA) has now published its financial statements for 2011. Notwithstanding the challenges arising from ongoing structural changes in the print media market the KBA group met all its capital requirements from a healthy operating cash flow of €83.9m, scaled back bank debts still further and boosted liquid assets. The 195-year old enterprise bucked the industry trend and was unique among major global press manufacturers in disclosing a post-recession profit for the third year in succession.