“The favorable development in the print media industry has continued thanks to the positive trend in the economy as a whole in 2006,” stated Heidelberg CEO Bernhard Schreier. “Capacity utilization and production activity in print shops both increased in the two key markets Germany and the U.S.”
The Heidelberg Group recorded an operating result of 202 million Euro in the period under review (previous year: 144 million Euro). This corresponds to a return on sales of 7.8 percent. The net profit after nine months - including a positive non-recurring effect resulting from a corporate income tax credit in the third quarter of 73 million Euro - was 180 million Euro (previous year: 65 million Euro). Earnings per share after nine months were 2.21 Euro (previous year: 0.76 Euro), of which 0.89 Euro were attributable to the additional tax revenue.
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