Heidelberg Presents Nine-Month Figures for Financial Year 2006/2007
As at December 31, 2006, the Heidelberg Group had a workforce of 19,156 worldwide (previous year: 18,700). This represents an increase of around 400 since the end of the last financial year.
Nine-month sales and results show improvement in the divisions
In the Press Division (offset printing), sales rose to 2.251 billion Euro in the first nine months (previous year: 2.130 billion Euro). Incoming orders in the period under review amounted to 2.551 billion Euro (previous year: 2.395 billion Euro). The operating result after the first three quarters amounted to 157 million Euro (previous year: 121 million Euro). The positive business development within the press division was also affected by the considerably high demand for the large format, especially for the Speedmaster XL 105. In the current fiscal year Heidelberg is particularly investing in new technologies as there are Anicolor and a new generation of sheetfed printing presses of a larger format (Speedmaster XL 142/162).
In the Postpress Division (finishing), sales amounted to 309 million Euro, 14 percent up on the figure 12 months ago (previous year: 271 million Euro). Incoming orders rose by around 13 percent to 333 million Euro (previous year: 294 million Euro). The operating result for the period under review amounted to seven million Euro (previous year: two million Euro).
Sales and incoming orders in the EMEA, North America, Latin America and Eastern Europe regions in the first nine months exceeded the comparable figures for the previous year. In the Asia/Pacific region, figures fell short of the high levels of the previous year. Primarily the suspension of the import duty exemption in China in the second and third quarter slowed down incoming orders and sales. The restoration of the import duty exemption on March 1, 2007 suggests that the expected improvement in the order and supply situation for the Chinese market will be deferred to the new financial year.