Heidelberg Records Incoming Order Increase, Sales Decline

The Heidelberg Financial Services Division once again achieved a positive operating result in the quarter under review. At €4 million, the operating result was up on the same quarter the previous year (€3 million).

Business developments in the regions
In the Europe, Middle East and Africa region, incoming orders of €245 million in the first quarter failed to match the high level of the previous year, mainly due to the IPEX trade show held the previous year in the United Kingdom. Incoming orders in the Eastern Europe region of €73 million were down 13 percent against the comparable quarter of the previous year.