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KBA increases sales targets following successful Q3

KBA has again revised upwards its sales and earnings targets for the full year after achieving double-digit growth in Q3, with a strong showing across all areas of the business.

KBA sales on target and profits exceed expectations

KBA has posted operating profit of €14.1m (£10.2m) in its 2014 financial report, although its order intake fell by 5.5%.

Global MP gains new funding

Global MP has secured a fresh £7.5m working capital facility from Centric Commercial Finance.

KBA sales down 20% after Q3 2013

Following its profit warning issued at the beginning of the month, the German press manufacturer has posted a pre tax loss of €16.3m for the first nine months of 2013 on revenues of €729.9m.

Walstead wins praise for profitable progress

Walstead Investments has posted maiden profits, with chairman Mark Scanlon hailing "excellent progress" in 2012 following extensive restructuring at the business.

KBA to close Trennfeld site

KBA is to merge its Trennfeld plant into its main Wrzburg facility 16 miles away, a move it said would save several million euros a year but lead to "almost all" 220 staff being offered new roles.

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