Heidelberg Moving Forward with Measures to Achieve Profitability Targets

Preliminary Results for the Third Quarter

As expected, the economic uncertainties have made the industry more reluctant to invest and resulted in weaker demand. The interim insolvency of a competitor is exacerbating this situation.

Based on preliminary calculations, incoming orders in the third quarter of financial year 2011/12 (Oct. 1 to Dec. 31, 2011) totaled around €640 million and sales around €630 million, which is in line with the scaled-down expectations. Preliminary incoming orders at Heidelberg are down on the previous quarter’s figure of €668 million, while preliminary sales match the figure for the previous quarter (€636 million).