Heidelberg’s Sales Flat, but New Products and Organization Promise Long-Term Profitability

Heidelberg expects the market recovery to continue in financial year 2013/2014. If, contrary to expectations, the economy fails to improve or the investment rate recovers more slowly than anticipated, this could lead to a slight fall in sales set against the current financial year. The company assumes that, even in this case, the operating result excluding special items will continue to improve, because the cost-cutting measures from the Focus 2012 efficiency program will take full effect. In financial year 2013/2014, the company is therefore striving to achieve an operating result excluding special items of around €150 million and a net profit.