Koenig & Bauer AG Quarterly Report: Orders Up, Turnover Down

The shortfall in sales impacted heavily on results, with an operating loss of €5m (2007: €13.5m profit) and pre-tax loss of €6.4m (2007: €13m profit) lagging targets by a wide margin. KBA closed the quarter with a net loss of €1m (2007: €9.3m profit) and proportional earnings per share of -6 cents (2007: +57 cents).