Preliminary sales of EUR 544 million in Q1 of financial year 2011/2012 unchanged year-on-year after adjusting for exchange rate effects

According to preliminary calculations, Heidelberger Druckmaschinen AG (Heidelberg) generated sales of EUR 544 million in the first quarter of financial year 2011/2012 (previous year: EUR 563 million). They are in line with last year's results after adjusting for exchange rate effects of EUR 19 million but they fall slightly short of the company's expectations. Among other things, this is due to sales being shifted into the next quarters as a result of the earthquake disaster in Japan and delays resulting from the extended liquidity shortage in the Chinese banking system.

Preliminary incoming orders in the first quarter amounted to EUR 665 million - or EUR 690 million adjusted for exchange rate effects - and were in line with expectations (previous year: EUR 786 million; previous quarter: EUR 637 million). The higher order intake in the same quarter of the previous year was largely due to additional orders generated  from  the IPEX trade show held during that reporting period.
The preliminary order backlog increased to EUR 718 million quarter-on-quarter.

For further information:
Heidelberger Druckmaschinen AG
Investor Relations
Robin Karpp
Tel: +49 (0)6221- 92 6020
Fax: +49 (0)6221- 92 5189
E-mail: Robin.Karpp@Heidelberg.com



Important Note
This press release contains forward-looking statements based on assumptions and estimations by the Management Board of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the Management Board is of the opinion that those assumptions and estimations are realistic, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the macro-economic situation, in the exchange rates, in the interest rates and in the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft gives no warranty and does not assume liability for any damages in case the future development and the projected results do not correspond with the forward-looking statements contained in this press release.