Heidelberg Reports Positive Operating Result for First Time in Two Years

Thanks to the capital increase and the much reduced annual loss, Heidelberg achieved a equity ratio of 32.9 percent in relation to the balance sheet total at the end of the reporting period. On the balance sheet date of the previous year, the equity ratio was only 20.1 percent. At the same time, the net financial debt fell by just under two-thirds, from EUR 695 million in the previous year to EUR 247 million.