Industry News, Printers News

Heidelberg: Order Intake, Sales at Prior-year Level After 9 Months

Operating result slightly improved in 3rd quarter due to one-off income.

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By: Anthony Locicero

Copy editor, New York Post

In the first nine months (April 1 to Dec. 31, 2019) of the financial year 2019-20, Heidelberger Druckmaschinen AG (Heidelberg) recorded stable development in total sales and incoming orders. However, the persistently difficult market environment led to a decline in sales and operating profit in the third quarter. At €1,900 million after nine months, the order intake was on par with the previous year (previous year: €1,912 million). At €636 million, incoming orders in the third quarter were up ...

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