Thursday, June 14, 2012

Heidelberg Reports Q4 FY 2011 Results

Heidelberg records £122m loss but targets swift recovery:
Its full year results for 2011/12 also revealed a small dip in sales, from €2,629m to €2,596m, while its pre-tax loss ballooned from €143m in 2010/11. Incoming orders slipped by 7% to €2.5bn for the year, while the company's order backlog for the period fell by 20% year-on-year to €506m.