Koenig & Bauer AG Financial Statements For 2011

Outlook for 2012: moderate growth and a higher profit
Looking ahead, KBA management emphasised the higher risks that exporters face from slowing growth in major emerging markets, the high oil price and ongoing debt crisis in Europe. While the Drupa trade fair is expected to stimulate sales, and management is confident that a raft of new products will boost the order intake, particularly in the sheetfed offset division, there will be no return to the high volumes of previous years. If market conditions remain stable KBA is targeting a single-digit percentage increase in sales and a higher pre-tax profit.