Ad hoc:Koenig & Bauer AG:Ad hoc: KBA group: balance.

Koenig & Bauer AG (KBA) publishes preliminary figures for 2009.

Market conditions for export-oriented German press manufacturers show little
sign of easing. Hit by the economic recession and a slump in advertising, global
demand in 2009 was over 40% below the level for 2007. Even KBA, one of the
world's leading suppliers of printing equipment, was badly affected by a
widespread moratorium on new investment in the print media industry. Although
incoming orders of web and special presses picked up slightly in the fourth
quarter of 2009, group orders for the year came to just under EUR890m, a drop of
29% on the 2008 figure of EUR1,241.5m. With demand for web presses even weaker
than expected, Group sales came to EUR1.06bn, 31% below the prior-year figure of
EUR1.53bn.

Despite the decline in sales KBA succeeded in moving from a pre-tax loss of
EUR87.1m in 2008 to a balanced result in 2009, and even anticipates a modest
post-tax profit for the year. Following quarterly losses in the first six
months, in the third quarter there were signs that the group's successful
turnaround was working through to the bottom line, boosted by savings of more
than EUR100m in personnel and material costs. All the obligations anticipated
for outstanding restructuring measures were included in the 2009 balance sheet
and adequate provision made for other risks.

In 2009 the KBA group payroll was trimmed from around 8,000 to fewer than
7,000, largely due to capacity cuts in the sheetfed division, and this year it
will be reduced even further, to approximately 6,300. Downsizing in line with
market prospects has helped deliver permanent gains in terms of cost savings and
breakeven thresholds.

The cost-intensive restructuring process was funded by KBA with no state aid or
new debt. The group's equity ratio of 34%-plus is well above the industry
average, its net financial position remains positive. It has not had to draw on
pre-arranged credit lines.

KBA will issue its final figures for 2009 on 26 March along with a preliminary
outlook for 2010.



[HUG#1381056]



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Koenig & Bauer AG
Friedrich-Koenig-Straße 4 Würzburg Germany

WKN: 719350;ISIN: DE0007193500;Index:SDAX;
Listed: Freiverkehr in Börse Stuttgart,
Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg,
Freiverkehr in Börse Berlin,
Freiverkehr in Börse Düsseldorf,
Freiverkehr in Niedersächsische Börse zu Hannover,
Prime Standard in Frankfurter Wertpapierbörse,
Regulierter Markt in Frankfurter Wertpapierbörse,
Regulierter Markt in Bayerische Börse München;