The Management Board of Heidelberger Druckmaschinen AG adopted a wide-ranging action package for a short-term reduction in structural costs and long-term improvements in the company’s profitability. Focus on the profitable core business and systematic streamlining of the cost base are geared to delivering a €100 million improvement in EBITDA, excluding the restructuring result. At the same time, a return transfer of liquidity reserves from the trust fund will almost completely eliminate net deb...