Koenig & Bauer AG — Earnings Release 2005

Nov 15, 2005

News Details

Ad-hoc | 15 November 2005 08:00

Koenig & Bauer AG: KBA moves back into the black

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Third-quarter figures for German press manufacturer Koenig & Bauer AG (KBA) showed a 25.9% increase in group order intake to EUR1,309.9m (2004: EUR1,040.1m). Group sales totalled EUR1,107.3m, 17.2% above the prior-year figure of EUR944.5m, and the order backlog was 15% higher, at EUR1,095.6m. As a result KBA has moved back into the black for the first time this year, with a pre-tax profit (EBT) of EUR10.1m. Its operating profit of EUR17.3m is a big improvement on the figure of EUR1.2m for the first six months. Net profit was EUR5.2m, equivalent to net earnings per share of 32 cents. Management reaffirmed the projected sales target of EUR1.5bn for 2005 and a higher pre- tax profit than last year’s EUR15.9m. KOENIG & BAUER AG Friedrich-Koenig Straße 4 97080 Würzburg Deutschland ISIN: DE0007193500 (SDAX) WKN: 719350 Listed: Amtlicher Markt in Frankfurt (Prime Standard) und München; Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg und Stuttgart End of ad hoc announcement (c)DGAP 15.11.2005