Heidelberg Reports Positive Operating Result for First Time in Two Years

Results in the Equipment, Services, and Financial Services divisions
In the Equipment Division, orders were 24 percent up on the previous year at EUR 1,642 million. After adjustment for exchange rate movements, this represents an increase of around 19 percent. The division's sales also grew significantly, climbing 19 percent to EUR 1,516 million. This equates to a 14 percent increase after adjustment for exchange rate movements. The operating result excluding special items improved from the previous year's figure of EUR -153 million to EUR -98 million. The growth of sales, the resultant profit contributions, and the savings made all had a positive impact on the result.