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

“Despite weak development in the industry and non-recurring costs, our operating result held stable compared to the previous year. Systematic implementation of the measures in our FOCUS 2012 efficiency program means we are on track to reach our medium-term profitability targets. As we have reduced our working capital through successful asset management in the year under review, we have been able to cut our financing requirements accordingly,” said Dirk Kaliebe, CFO at Heidelberg.