Heidelberg on Track to Reach Operating Targets

The special items totaling EUR 24 million after nine months were primarily the result of expenditure relating to the Focus 2012 efficiency program. At EUR -55 million, the negative impact of the financial result was EUR 7 million less than in the previous year.

The income before taxes after three quarters thus remained negative at EUR -111 million (previous year: EUR -91 million). Thanks to positive tax effects, the net result for the period under review was EUR -88 million (previous year: EUR -79 million).