Heidelberg on Track After Nine Months of Financial Year 2012/2013

The special items totaling EUR 24 million after nine months were primarily the result of expenditure relating to the Focus 2012 efficiency program. At EUR -55 million, the negative impact of the financial result was EUR 7 million less than in the previous year.

The income before taxes after three quarters thus remained negative at EUR -111 million (previous year: EUR -91 million). Thanks to positive tax effects, the net result for the period under review was EUR -88 million (previous year: EUR -79 million).