Heidelberg Says Results in Line with Expectations in Difficult Economic Environment

Negotiations between the Management Board and employee representatives on the implementation of “FOCUS 2012” began in January 2012. The company is focusing first and foremost on the rapid agreement and implementation of the program in the interests of everyone involved.

“FOCUS 2012” is our answer to the changes in our industry and will put in place the foundation and efficient structures needed for profitable business development in the long term,“ said Schreier. ”Our aim is to ensure that the target operating result of around €150 million is achieved in financial year 2013/2014 as planned and that Heidelberg can independently continue to build on its leading position in the future.“