Heidelberg Publishes figures for Second Quarter, First Six Months of 2012/2013
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The result of operating activities (EBIT) excluding special items of EUR 1 million was slightly positive in the second quarter as a result of higher sales and therefore higher profit contributions. This is a significant improvement on the first quarter (EUR -58 million). At EUR -57 million, EBIT excluding special items in the first half-year was, as expected, down on the previous year's figure (EUR -21 million) due to trade show and product launch costs and low profit contributions resulting from the low level of sales in the first quarter. Special items amounted to EUR 22 million in the first half-year and were primarily the result of expenses relating to the Focus 2012 efficiency program.
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