Heidelberg Reduces Postpress Portfolio

At its annual press conference, Heidelberg had earlier stated that it would institute new business models for products with weak margins as part of its portfolio optimization.

"The competitiveness of postpress product lines at Heidelberg was limited, so these activities are being placed on an entirely new footing," said Heidelberg CEO Gerold Linzbach. "Realigning these areas is an important step in improving the company's economic situation and getting closer to the target EBITDA margin of at least 8 percent."