Heidelberg Reports Revenue Decline but Orders Stabilize
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The order backlog of the Heidelberg Group remained constant in the second quarter of the current financial year at EUR 617 million (previous quarter: EUR 616 million).
The low level of incoming orders led to a slight drop in sales in the second quarter over the first quarter, falling from EUR 514 million to EUR 499 million. In the first six months of the current financial year, sales amounted to a total of EUR 1.013 billion and were thus down around 31 percent on the previous year (EUR 1.461 billion).
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