Heidelberg on Track to Reach Operating Targets

In the coming financial year 2013/2014, the cost reductions resulting from FOCUS 2012 will be fully effective for the first time and result in annual savings of around EUR 180 million. The half-year forecast of achieving a net profit for the year remains unchanged.

“We are well aware that a one-time cost-cutting program such as Focus 2012 alone cannot safeguard the future of Heidelberg. Just like our successful customers, we must be dynamic in focusing our portfolio on profitable segments. We will ensure this through our organization based on business areas. Focus 2012 is highlighting potential for making our structures and processes more efficient on an ongoing basis. We can't fight changes in the industry, so we need to respond quickly and harness the opportunities they present,” said Linzbach.