Archive for August, 2006
Heidelberg Presents First-Quarter Figures
- Incoming orders around 21 percent up on previous year
- Sales climb by around 9 percent to EUR 719 million
- Operating result more than doubled to EUR 16 million
- Outlook for full financial year 06/07 unchanged
Heidelberger Druckmaschinen AG (Heidelberg) (FWB: HDD) increased its sales and earnings in the first quarter of financial year 2006/2007 compared with the previous year. At EUR 719 million, sales by the Heidelberg Group in the first three months (April 1 to June 30) were around 9 percent up on the previous year (EUR 660 million). Incoming orders in the first quarter increased by around 21 percent to EUR 1.076 billion (previous year: EUR 886 million). At EUR 1.346 billion, the order backlog at the end of the first quarter was up on the figure at March 31, 2006 (EUR 1.017 billion) thanks to the good levels of incoming orders.
“The positive trend in the print media industry continued in the first three months of the new financial year,” said Bernhard Schreier, Heidelberg’s CEO. “The success of the IPEX trade show at the start of the financial year gave us considerable momentum. Our expectations for 2006/2007 are confirmed.”