KBA beats MAN on sales of sheetfed

KBA has overtaken MAN Roland in sheetfed with 5m (Euro8m) more first-half sales than its rival.

In half-year results published this week, KBA posted sheetfed sales of 196m  a year-on-year increase of 7.7%. MAN Roland sales for the sector were down 1% to 191m. 

Massive sales at Drupa also took KBA's sheetfed orders during the period to 287m, an increase of 38.5%. The Dsseldorf show added 11% to MAN Roland's order intake, which rose to 232m. 

MAN Roland has already put a plan in place to improve sheetfed performance, by setting up as a separate division. 

"It's not fulfilling its performance criteria and we have to do something," said chief executive Gerd Finkbeiner on a recent trip to Britain. "We need to show everybody in sheetfed that we are not accepting further losses." 

In the web sector, MAN Roland held its supremacy, with sales up 7% to 208m, compared to KBA's 163m. Order intake showed a similar pattern, with MAN Roland reporting a rise of 31% to 251m and KBA's figure up 29% to 205m. 

As well as increasing sales overall, both companies made smaller losses than last year, in spite of the cost of Drupa. 

MAN Roland's pre-tax losses for the six months were 19m, compared to 25m last year. KBA posted a pre-tax loss of 12m, against 18m in 2003. 

In a statement KBA president Albrecht Bolza-Schnemann said the company had sealed "an unexpectedly large number of contracts" at Drupa. 

 

 

First half results

                                         KBA                         MAN Roland

                                m        %  change         m         % change

First half sales           360         6.7%              459           1%

Pre-tax loss              12          -30.5%            19            -21.6%

Sheetfed sales          196          7.7%             191           -1%

 

Story by Josh Brooks