Heidelberg Reports Incoming Orders Increased in Third Quarter
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HEIDELBERG, GERMANY—02/09/2010—In the third quarter of financial year 2009/2010 (October 1 to December 31, 2009), incoming orders and sales at Heidelberger Druckmaschinen AG (Heidelberg) were up on the previous quarters. The savings resulting from the package of cost-cutting measures have helped to significantly reduce the operating loss over the past three months. Due to mixed economic expectations around the globe, however, there is as yet no clear improvement in the level of investment in the print media industry.
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