Heidelberg on track after nine months of financial year 2012/2013
07 February 2013 - 5:21PM
Business Wire
After nine months of financial year 2012/2013 (April 1 to
December 31, 2012), Heidelberger Druckmaschinen AG (FWB: HDD) is on
track to achieve its operating targets for the current financial
year.
In the quarter under review (October 1 to December 31, 2012),
higher sales and savings from the Focus 2012 efficiency program
resulted in a much improved operating result as planned.
Quarterly sales were 9 percent up on the same period of the
previous year, increasing from EUR 631 million to EUR 688 million.
The operating result (EBIT) excluding special items
increased by EUR 23 million to EUR 25 million (previous year:
EUR 2 million).
Improvements in EBIT and the financial result led to a positive
income before taxes of EUR 5 million after a negative result
of EUR -25 million in the same quarter of the previous year. Thanks
to positive tax effects in the reporting period, the net
result rose to EUR 16 million (previous year: EUR -14
million).
The full content with additional details can be found at
http://www.heidelberg.com/www/html/en/content/articles/press_lounge/press_releases
The full report on the third quarter of financial year
2012/2013, further information about the company, and image
material are available at www.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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