Heidelberg Financial Year 2011/2012: New Products, New Organization, and Stable Financing Create the Foundation for Long-Term Profitability
06/14/2012
- Company geared to requirements of structural change
- New products: drupa innovations meet industry trends - trade show gets 2012/2013 financial year off to a positive start, with incoming orders of over EUR 800 million expected in the first quarter
- FOCUS 2012 efficiency program proceeding on schedule - around 80 percent of job cuts and reorganization already realized
- Restructuring of Board members' responsibilities with a focus on growth and efficiency in sales
- Stable business development in 2011/2012 amid economic uncertainty: Figures in line with preliminary calculations, net debt still at low level
- Medium-term targets confirmed: Operating result excluding special items of around EUR 150 million in financial year 2013/2014
- Work underway to tackle long-term targets: Profitability and growth in a changed competitive environment
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Additional details on the company can be found at www.heidelberg.com.
The 2011/2012 Annual Report can be accessed at 7.00 a.m. on June 14, 2012 at www.heidelberg.com.
Other dates:
Publication of the figures for the first quarter of financial year 2012/2013 is scheduled for August 8, 2012.
For further information, please contact:
Heidelberger Druckmaschinen AG
Corporate Public Relations
Thomas Fichtl
Phone:+49 (0)6221 92-5900
Fax: +49 (0)6221 92-5069
E-Mail: thomas.fichtl@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.
Additional details on the company can be found at www.heidelberg.com.
The 2011/2012 Annual Report can be accessed at 7.00 a.m. on June 14, 2012 at www.heidelberg.com.
Other dates:
Publication of the figures for the first quarter of financial year 2012/2013 is scheduled for August 8, 2012.
For further information, please contact:
Heidelberger Druckmaschinen AG
Corporate Public Relations
Thomas Fichtl
Phone:+49 (0)6221 92-5900
Fax: +49 (0)6221 92-5069
E-Mail: thomas.fichtl@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.
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Annual Press Conference 2011/2012
