Koenig & Bauer AG Financial Statements For 2011

More shipments to Europe
A 34.3 percent rise in domestic sales trimmed the export level from 88.5 percent to 84.4 percent. The proportion of group sales generated in the rest of Europe climbed from 28.5 percent to 35.6 percent, with higher sales of both sheetfed and web presses contributing to the increase. Despite a gain in sheetfed orders, the proportion of the group total attributable to North America plunged to the exceptionally low level of 8.6 percent. While the anti-inflationary monetary policy pursued in China put a temporary curb on sheetfed sales, the contribution from Asia and the Pacific remained high at 27.4 percent. The 12.8 percent generated in Latin America and Africa was nearer its historical average than the prior-year figure of 20.6 percent.