Heidelberg Reports Revenue Decline but Orders Stabilize
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The operating result excluding special items amounted to EUR minus 65 million in the second quarter (previous year excluding special items: EUR minus 10 million). As a result of low profit contributions due to weak sales, the cumulative figure for the operating result after two quarters was EUR minus 128 million (previous year: EUR minus 45 million). Further expenditure for special items amounting to EUR 11 million has been incurred up to September 30, 2009 (expenditure for special items in the previous year: EUR 40 million). The net result for the first six months was EUR minus 147 million (previous year: EUR minus 95 million).
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