Heidelberg Presents Nine-Month Figures for Financial Year 2006/2007
On November 7, 2006, Heidelberger Druckmaschinen AG launched a second share buyback program: a total of up to five percent of the company’s capital stock - a maximum of 4,152,535 shares - is to be repurchased on the stock market by January 2008 at the latest. At the end of the quarter, on December 31, 2006, the company had bought back 909,422 shares, equivalent to 1.1 percent of the share capital.
Outlook for financial year 2006/2007 unchanged
For financial year 2006/2007, the company anticipates that sales will be approximately five percent up on financial year 2005/2006. Heidelberg plans to increase its operating result to approximately ten percent of sales during the current financial year.
The complete report for the third quarter of 2006/2007 will be available online at www.heidelberg.com.