Heidelberg Sees Incoming Orders Rise as Quarterly Sales Lag
Outlook for current and next financial year unchanged
As a result of the trade show, Heidelberg is expecting sales to show a distinct shift to the second half of the financial year with a corresponding improvement in profit contributions. The company implemented the main measures of the Focus 2012 efficiency program before drupa, which means up to a third of the planned annual savings of €180 million will take effect during the current financial year. Heidelberg is still expecting to achieve a clearly positive result of operating activities excluding special items for financial year 2012/2013.
In the subsequent year, the cost savings resulting from Focus 2012 will take full effect and lead to annual savings of some €180 million. The company is therefore still looking to achieve a result of operating activities excluding special items of around €150 million and a net profit in financial year 2013/2014.
Further details and an explanation of the figures for the first quarter of the financial year will be published on August 8, 2012.