Thursday, May 18, 2017

KBA reports steady revenue

KBA reports steady revenue: At €259.1m ($283.3 million), revenue remained at the previous year’s level for the 200-year-old printing press manufacturer, while order backlog widened by 6.4 percent to €619.9m ($677.7 million). EBIT came to €5m ($5.5 million), surpassing the previous year’s figure of €2.1m ($2.3 million). The group net profit of €4.7m ($5.1 million) is equivalent to earnings per share of €0.30 (33 cents).

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