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Ad hoc: Koenig & Bauer AG: Koenig & Bauer AG: CEO Hansen: KBA on course despite soft demand.
(From Hugin)
Koenig & Bauer AG / Miscellaneous business figures / Ad hoc: Koenig & Bauer AG: CEO Hansen: KBA on course despite soft demand Ad hoc announcement according to 15 WpHG processed and transmitted by Hugin. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------
Since April German press manufacturer Koenig & Bauer (KBA) has seen a major upturn in new orders for sheetfed presses, with business drummed up at trade fairs in the Middle and Far East largely balancing a shortfall in the first quarter. This was the message delivered by Helge Hansen, KBA president and CEO since 27 March, at the company's 84th AGM at the Vogel Convention Center in Wurzburg.
However, as Hansen warned the serried ranks of shareholders present, demand for big newspaper and commercial web presses …
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