Heidelberg’s Sales Flat, but New Products and Organization Promise Long-Term Profitability
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At a total of €2.555 billion, incoming orders were down 7 percent on the previous year’s figures (€2.757 billion), which had been boosted by the trade show successes at ExpoPrint in Brazil and Ipex in the UK. In the first half of the year under review, the order volume of €1.333 billion slightly exceeded the level of the preceding half year. However, the second half of the year was hit by a worsening of the underlying economic conditions and restrained investment activity in the fourth quarter in anticipation of drupa, resulting in orders of €1.222 billion.
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