Koenig & Bauer AG Financial Statements For 2011

Patchy performance
Flagging investment activities in the final four months led to an 8.3 percent drop in new sheetfed contracts to €569.9m. Brisk demand for niche products, however, sent the intake of new orders for web and special presses soaring by 48.1 percent to €982.2m. Although the two divisions each posted sales worth €583.6m, this represented an improvement of 5.9 percent over the prior year in sheetfed sales, but a slide of 7.1 percent in sales of web and special presses following shipping delays.