Heidelberg Notes Significant Rise in Incoming Orders in Half-Year Report

In the less cyclical Heidelberg Services Division, incoming orders of EUR 272 million in the quarter under review matched the first quarter's high level. In the first half-year, incoming orders were thus a total of 14 percent up on the previous year (6 percent after adjustment for exchange rate effects) at EUR 552 million. The continued recovery was also apparent in the sales figure for the first six months of the financial year, which rose by 15 percent (7 percent after adjustment for exchange rate effects) to EUR 538 million. The operating result excluding special items for the first six months improved by a significant EUR 48 million to EUR 37 million. Heidelberg Services benefited from higher sales linked to a more favorable sales mix that included a greater proportion of products with better profit margins, and from the savings achieved as a result of the reorganization.