Compared to the end of March, earnings at the Koenig & Bauer Group (KBA) have improved considerably after six months. The world’s number two in press manufacturing generated a pre-tax profit of €10 million in the second quarter thanks to higher sales, a profitable product mix and cost savings. After the first three months the pre-tax loss stood at –€18.8 million resulting from the insufficient sales volume. A pre-tax loss of –€8.8 million (2012: +€6.7 million) was reported due to the shortfa...