Koenig & Bauer AG

Earnings Release • Nov 15, 2006

News Details

Ad-hoc | 15 November 2006 07:58

Koenig & Bauer AG: sales climb, profit jumps

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— In the third quarter the KBA group more or less wiped out a shortfall from the first half-year with an order intake worth €527.3m – the highest in any quarter in its history. New orders for the nine months to 30 September totalled €1,246.6m, just 4.8% below last year’s figure of €1,309.9m, which was boosted by a number of big contracts. Sales climbed 8.9% from €1,107.3m to €1,205.5m. The €1,082m backlog of unfilled orders was roughly the same as in 2005 (€1,095.6m). Group operating profit for the nine months to 30 September almost doubled to €30.1m (2005: €16.1m), and pre-tax earnings (EBT) more than trebled to €30.4m (2005: €8.9m). Net profit, at €22.4m, was more than five times the prior-year level of €4m. Earnings per share improved accordingly from 25 cents in 2005 to €1.38. KBA management reaffirmed its spring prognosis of annual sales in excess of €1.7bn and a pre-tax profit substantially higher than the €25.8m reported in 2005. (c)DGAP 15.11.2006 ————————————————————————— Language: English Issuer: KOENIG & BAUER AG Friedrich-Koenig Straße 4 97080 Würzburg Deutschland Phone: +49 (0)931 909-4835 Fax: +49 (0)931 909-6015 E-mail: bernd.heusinger@kba-print.de WWW: www.kba-print.de ISIN: DE0007193500 WKN: 719350 Indices: SDAX Listed: Amtlicher Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service —————————————————————————