Heidelberg releases six months’ results

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According to Heidelberg, the company’s positive business development continued in the first six months of financial year 2010/2011. In the second quarter (July 1 to September 30, 2010) both incoming orders and sales were significantly up on the previous year. Incoming orders for the second quarter of financial year 2010/2011 improved from EUR 534 million the previous year to EUR 650 million. This was partly due to positive exchange rate effects amounting to some EUR 39 million. As expected and in line with the company's own planning, incoming orders were down in the first quarter of the current financial year, which were however boosted by events such as IPEX and the ExpoPrint trade show in Brazil. Compared to the same six months of the previous year, incoming orders were up 33 per cent to EUR 1.436 billion (previous year: EUR 1.084 billion). ...cont´d

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