Printing Industry News for Canada | RSS | 
30 July 2024
Heidelberg Sets Ambitions For Growth
HEIDELBERG GERMANY—
Heidelberg CEO Jürgen Otto has outlined his three priorities for growth at the manufacturer – including doing more to leverage its manufacturing know-how and global sales and service network – and the group has also signed up a former Canon executive for its supervisory board.He stated: “To leverage the full potential of a company, I think you need an ambitious, dynamic, and strategic approach. Above all, though, you also need the courage to take on difficult issues and challenges.
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Jürgen Otto, CEO, addresses the shareholders at the Annual Meeting.
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Dr. David Schmedddig, CSO, Jürgen Otto, CEO, Tania von der Goltz, CFO, and Dr. Martin Sonnenschein, Chairman of the Supervisory Board (left to right).
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Otto noted that Heidelberg was currently on a stable financial footing, and had achieved its financial targets for FY23/24 despite many challenges including “a tense geopolitical environment”.
Packaging-related products now account for 52% of group sales, overtaking commercial printing for the first time.“In the printing industry, we don’t just have customers, but genuine fans. Owners are proud of their Heidelberg presses, and many printers are just as proud to operate the machines,” he said. “We very likely succeeded in gaining a few more customers and fans. Showcasing future-proof solutions won us lots of orders.”
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