Indian Express

Express India

Screen

Loksatta

Express Cricket

Kashmir Live

Biz Publications
 
Make this your homepage | RSS


Heidelberger Druckmaschinen AG: Preliminary figures for FY’08

Businesswire India

Posted: Wednesday, May 07, 2008 at 1543 hrs IST
Updated: Wednesday, May 07, 2008 at 1543 hrs IST


Font Size

Print

Feedback

Email

Discuss

Heidelberg, May 7: : the division's preliminary sales, incoming orders and operating result falling below the previous year's level. Preliminary sales amounted to EUR 427 million (previous year: EUR 445 million), preliminary incoming orders were EUR 419 million (previous year: EUR 449 million), and the preliminary operating result EUR -7 million (previous year: EUR 7 million).

In the EMEA, North America, Latin America, and Asia/Pacific regions, sales and incoming orders either matched the previous year's level or fell below it. Sales and incoming orders only climbed significantly in the Eastern Europe region. Growth was particularly strong in Russia in the year under review. It was a different story for the Asia/Pacific region where, despite the recovery in the Chinese market, the figures fell below the previous year due to the extremely unfavorable currency situation for European suppliers in Japan. Incoming orders slackened off in the North America region, in particular in the second half of the year.

At March 31, 2008, the Heidelberg Group had a workforce of 19,596 worldwide (previous year: 19,171). Most of the new appointments were in the field of production and global sales.

Other dates:

The scheduled publication date for the Annual Report 2007/2008 is June 10, 2008. As this coincides with the drupa trade show, a press release will replace the usual press conference.

For the table with the figures and further details, visit the Internet Press Lounge at www.heidelberg.com.

Important note:

This Press Information contains statements about future development that are based on assumptions and estimates by the management of Heidelberger Druckmaschinen Aktiengesellschaft. Even if the management is of the opinion that these assumptions and estimates are accurate, future actual developments and future actual results may differ significantly from these assumptions and estimates due to a variety of factors. These factors can include changes to the overall economic climate, changes to exchange rates and interest rates and changes in the graphic arts industry. Heidelberger Druckmaschinen Aktiengesellschaft provides no guarantee that future developments and the results actually achieved in the future will agree with the assumptions and estimates set out in this press release and assumes no liability for such....

More from Business Wire

Single Page Format Previous - 1 - 2 - 3
Discuss this story on expressindia forums

Post Comments

Comments: (Limit 3,000 characters)
Name
Message
Email ID
Subject
TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Comments
Flowers & Cakes DeliveryExpress Classifieds
Post and view free classifieds ad
Express Astrology
Know what's in the stars for you