Heidelberg’s Q4 Preliminary Figures Show Positive Developments in Sales, Operating Result
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The preliminary free cash flow for the fourth quarter developed favorably to around €30 million (previous year: €-16 million) and was therefore better than expected by the company.
“Thanks to consistent asset management, we achieved a positive free cash flow also for the past financial year and managed to keep net debt at a low level,” said Heidelberg CFO Dirk Kaliebe. “Heidelberg is on a stable footing. Our FOCUS 2012 efficiency program will help us achieve our earnings targets,” he added.
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