The portfolio optimization measures initiated will have both a boosting and a dampening impact on earnings during the current financial year. Overall, the measures should further improve the company's operating profitability and help Heidelberg get closer still to its target of an operating margin of at least 8 percent in terms of EBITDA.
Adjusted for these non-recurring effects for portfolio optimizations and cost-cutting measures, the company's continued aim is to achieve an increase in after-tax earnings.
For additional details about the company and image material, please visit the Press Lounge of Heidelberger Druckmaschinen AG at http://www.heidelberg.com.
The report on the first half-year of financial year 2014/2015 can be accessed at http://www.heidelberg.com.
Next reporting date: The figures for the third quarter of financial year 2014/2015 are due to be published on February 4, 2015.
Important note:
This press release contains forward-looking statements based on assumptions and estimations by the Management Board of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the Management Board is of the opinion that those assumptions and estimations are realistic, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the macro-economic situation, in the exchange rates, in the interest rates and in the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft gives no warranty and does not assume liability for any damages in case the future development and the projected results do not correspond with the forward-looking statements contained in this press release.
Further information:
Heidelberger Druckmaschinen AG
Corporate Public Relations
Thomas Fichtl
Phone: +49(0)6221-92-5900
Fax: +49(0)6221-92-5088
E-mail: thomas.fichtl@heidelberg.com
Investor Relations
Robin Karpp
Phone: +49(0)6221-92-6020
Fax: +49(0)6221-92-5189
E-mail: robin.karpp@heidelberg.com