Heidelberg Presents Final First-Quarter Figures; Incoming Orders Rise

HEIDELBERG, GERMANY—08/05/2008—In the first quarter of financial year 2008/2009, Heidelberger Druckmaschinen AG (Heidelberg) recorded a significant improvement in incoming orders over the previous year thanks to the industry trade show drupa. In the period under review, the Heidelberg Group increased its incoming orders by around 23 percent over the same quarter the previous year to 1.151 billion Euro (previous year: 934 million Euro). As already announced on July 10, 2008, sales and earnings were significantly down on the equivalent figures for the previous year due to difficult market conditions and customers’ reluctance to invest in the run-up to drupa. Sales by the Heidelberg Group in the first three months (April 1 to June 30) totaled 657 million Euro (previous year: 742 million Euro). The order backlog at the end of the first quarter was 1.298 billion Euro (previous quarter to March 31, 2008: 874 million Euro).