10 May 2017
Heidelberg has best profits since 2008
Heidelberg Canada's head office
Heidelberg Canada's head office
 Heidelberg has reported their best sales and profits since 2008 ( before the economy went off the cliff). Thanks to an excellent final quarter.CEO Rainer Hundsdorfer said "We now need to gear our strategy towards becoming a digital company focused on customer needs. This will bring the expected growth in sales and a further substantial improvement in profitability in the future," he added.
Heidelberg did about $2.74 billion US for the last 12 months. In the final quarter alone sales increased by almost 20% from the previous year. Despite the cost of the Drupa tradeshow of $10 million US the operating profits were $195 million US with a last quarter profit of $92 million euros. 
    " We've increased the free cash flow and further improved our balance sheet . This lays a firm foundation for the Group to independently finance our transition into the digital world and step up our pursuit of attractive talee over targets. " Heidelberg CFO Dirk Kaliebe commented on the developments.
Company wanted
CLICK HERE to list your business opportunity in the printing industry
Most Recent News Comment
Johne526 says:
I have read several good stuff here. Certainly worth bookmarking for revisiting. I surprise how much...
North Island Publishing PrintCAN Print Jobs Canada’s Estimators' & Buyers' Guide MastheadOnline Print World 2010 Design City
Graphic Monthly Print Equipment gutenbergs' guide COPA industrial print