KBA Releases Positive Figures for the First Half-Year

WÜRZBURG, GERMANY—August 14, 2012—German printing press manufacturer Koenig and Bauer AG (KBA), whose core business is sheetfed and web offset presses, but which is also active in less economy-dependent markets such as packaging, security and digital printing as well as marking and coding, has released positive figures for the first half-year. A strong operational cash flow of €65.7m comfortably covered payments for investments. A growth in the free cash flow to €55.8m significantly improved liquidity. The double-digit increase in sales, the advantageous product mix and the savings delivered by a recently expanded cost-cutting program resulted in a substantial improvement in earnings compared to 2011.