Tuesday, January 17, 2012

Heidelberg Announces Efficiency Program to Improve Profitability

Heidelberg Moving Forward with Measures to Achieve Profitability Targets: HEIDELBERG, GERMANY—Jan. 17, 2012—As announced in November 2011, the management board of Heidelberger Druckmaschinen AG (Heidelberg) has agreed on the “FOCUS 2012” efficiency program to achieve the company’s profitability targets. The aim is to ensure that its target operating result before special items of around €150 million is still achieved in financial year 2013/14 and the company can independently continue to build on its leading position in the future.