Koenig & Bauer AG (KBA) published its financial statements for 2014. At €1.1 billion, group sales were at the top end of its forecast (2013: €1,099.7 million). Initial positive impacts from the press manufacturer’s group realignment, which began at the beginning of 2014, are visible. Compared to the previous year when restructuring expenses of over €155m strained KBA’s operating result, in 2014 both its sheetfed offset segment and the web and special press division posted an operating profit...