Heidelberg Reports Preliminary Figures In Line with Forecast Declines
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"The Heidelberg Group was able to maintain its leading market position and expand in a number of sectors in what was a difficult market environment in financial year 2009/10. A marked upward trend was evident in the second half of the year, which was primarily influenced by the traditionally strong fourth quarter. Now the aim of our further cost-cutting measures introduced at the end of March 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 Heidelberg CEO Bernhard Schreier.
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