Heidelberg Reports Preliminary Figures In Line with Forecast Declines
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Preliminary sales by the Heidelberg Group fell to EUR 2.306 billion (previous year: EUR 2.999 billion). The savings from the package of cost-cutting measures were achieved ahead of schedule and mitigated the results significantly, particularly in the second half of the year. They were therefore able in large part to compensate for the shortfall in profit contributions resulting from the substantial decrease in sales.
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