Heidelberg Publishes figures for Second Quarter, First Six Months of 2012/2013

In the coming financial year 2013/2014, the cost reductions resulting from Focus 2012 will be fully effective for the first time and will result in annual savings of approximately EUR 180 million. The compulsory adoption of the new version of IAS 19 from the coming financial year will have effects—depending on the performance of various parameters—on Heidelberg's income statement. In particular, income estimated to be between EUR 25 million and EUR 30 million currently included under the result of operating activities excluding special items will be reclassified under the financial result. Heidelberg intends to make up as soon as possible for the negative effects of this reclassification on its target of achieving a result of operating activities excluding special items of around EUR 150 million. As income before taxes is virtually unaffected just by the change in reporting, the current forecast of income before taxes being clearly positive and accordingly of achieving a net profit for the year remains valid.