Heidelberg Q3 Sales Up, Earnings Negative Citing drupa Costs
Posted: 2/7/2013 | By: What They Think
After nine months of financial year 2012/2013 (April 1 to December 31, 2012), Heidelberger Druckmaschinen AG (Heidelberg) is on track to achieve its operating targets for the current financial year.
In the quarter under review (October 1 to December 31, 2012), higher sales and savings from the Focus 2012 efficiency program resulted in a much improved operating result as planned. Quarterly sales were 9 percent up on the same period of the previous year, increasing from EUR 631 million to EUR 688 million.