Industry News

Heidelberg Profitability Up Significantly After Nine Months

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By: Bridget Klebaur

Director of Performance + Engagement / Chief Performance Officer, Office of the Commissioner, NYC Department of Design and Construction

After nine months of financial year 2013/2014 (April 1 to Dec. 31, 2013), Heidelberger Druckmaschinen AG remains on track with regard to earnings trend and profitability. After three quarters, the operating result is up significantly on the previous year. In the third quarter (Oct. 1 to Dec. 31, 2013), EBITDA remained at the previous year’s level despite the marked drop in sales. As a result, the company is on track to achieve its targets for the current financial year. “After nine months, Heid...

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