Wednesday, November 16, 2011

KBA Reports Orders up 15.4%: While the third quarter saw demand in the press engineering sector slow, German press vendor Koenig & Bauer AG (KBA) profited from a strong presence in niche markets such as security printing, metal decorating and industrial coding, where demand is robust. In the summer quarter the group booked new orders worth €472.8m, the highest level since the record year of 2006. The order intake for the nine months to October was up 15.4% at €1,155.7m (2010: €1,001.2m). The order backlog