http://www.dailyfinance.com/2013/08/13/heidelberg-achieves-significant-improvement-in-res/
Sales of EUR 504 million in line with expectations
Operating result excluding special
items (EBITDA) some EUR 45 million better than in previous year at EUR -2
million Sales of EUR 504 million in line with expectations
Free cash flow including payments for Focus 2012 at break-even (previous year: EUR -112 million)
Outlook remains unchanged: Aiming for net profit in financial year 2013/2014
The
new organization and the comprehensive range of cost-cutting measures are
showing tangible results at Heidelberger Druckmaschinen AG (Heidelberg). As
expected, the company significantly improved its operating result in the first
quarter of financial year 2013/2014 (April 1 to June 30, 2013), which puts it
on the right track for meeting its target of a positive net result for the
year.
