Heidelberg Implements New Corporate Structure, Targets Break-even Financial Results
"The order situation in the print media industry has stabilized over recent months. The higher demand is still coming mainly from emerging markets such as China and Brazil. There is no prospect of a significant increase in the industry's investment volume in 2010. We are adapting our company's capacities and structure accordingly. As a result, the level of sales at which we achieve an operational break-even result has been lowered once again, to less than EUR 2.5 billion. The objective of this measure is to achieve a break-even operating result for the next financial year assuming stable economic development and furthermore an economic value added (EVA) in all areas of business in the medium term," said Schreier. The company will provide at the earliest an outlook for the new financial year at the Annual Press Conference.
- Companies:
- Heidelberg
- People:
- Bernhard Schreier