Heidelberg Releases Slightly Positive Preliminary Q2 Numbers, Lowers Expectations for Current Financial Year
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By The Numbers:
- Preliminary incoming orders of EUR 668 million in Q2
- Preliminary sales of around EUR 636 million in Q2
- Preliminary operating result for Q2 positive at approximately EUR 5 million
- Preliminary free cash flow in Q2 exceeds expectations at EUR -12 million
- Demand in the second half of the year likely to be weaker than expected due to heightened economic uncertainties
- The Heidelberg Management Board anticipates a noticeable improvement in the operating result for financial year 2011/12 as a whole compared with the previous year
- Unlikely that the target of a break-even pre-tax result will be achieved
For further information about the company and image material, please visit the Press Lounge of Heidelberger Druckmaschinen AG at www.heidelberg.com.
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