Heidelberg Moving Forward with Measures to Achieve Profitability Targets

Program highlights:

• “FOCUS 2012” aims to deliver operating result of around €150 million in financial year 2013/14.
• Measures initiated to reduce capacity and cut sales, marketing and structural costs.
• Up to 2,000 job cuts planned worldwide.

‘FOCUS 2012’ - a Comprehensive Package of Measures

The objective of the “FOCUS 2012” efficiency program is to help significantly reduce capacities and costs at Heidelberg over the next two years. This will lay the foundation for positive business developments in response to the volatile environment and changing market requirements. Most of the measures will be initiated and implemented quickly before the end of calendar year 2012. In addition, the program includes a number of medium- to long-term measures aimed at adapting the entire organization to the changed structures.