KBA Reports Sales, Earnings Targets for 2013 No Longer Attainable

WÜRZBURG, GERMANY—November 5, 2013—Based on expected results for the third quarter the management board of Koenig & Bauer (KBA) has revised its previous sales and earnings forecast for 2013. In view of the much lower sales volume than expected in both business segments due to economic and market developments, the press manufacturer's initial target of Group annual sales of approx. €1.3bn in 2013 will not be reached and management estimates revenue of approx. €1.1bn.