KBA realigns to a changing press market

3 January 2014


The board of KBA has approved a concept for the strategic realignment of the group, and a package of measures aimed at strengthening its long term profitability and future development. Between 1,100 and 1,500 jobs will be affected by the measures adopted.

The plan centres on sustainable structural adjustments to secure core business activities, the optimisation and concentration of value creation at the various locations, and changes to organisational structures within the group to focus on future growth fields.
KBA president and CEO Claus Bolza-Schünemann explains: "Swift and radical restructuring is intended to facilitate our development into a decentrally organised and highly flexible press manufacturing company, which, complementing its core business, is active above all in profitable niche markets.

"With this decision, we have laid the foundations for sustainable realignment and interesting future prospects. The essential basis, however, is initially consolidation of our core business activities."

The objective is - subject to approval from the AGM in May 2014 - to establish divisions with clearly defined profit responsibilities for the fields sheetfed presses, web presses, special applications and manufacturing.

"It was not easy for us to make these decisions, but they are unfortunately imperative for the future sustainability of our company," says Bolza-Schünemann. "We should see the first fruits of these changes in 2015, and a return to sustainable profitability in 2016 at the latest."



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