Last updateTue, 15 Aug 2017 5pm

Business & Finance

Heidelberg starts the new financial year 2017/18 with an increase in sales and earnings

Sales slightly higher than previous year at €495 million

Operating result (EBITDA) up from €1 million to €14 million
Net result after taxes improved by more than €20 million to €–16 million
Several measures initiated to achieve medium-term targets
Outlook: Sights still set on the year-end targets for 2017/18

CEWE confirms sales and earnings targets for 2017

- Period up to mid-year 2017 on target

- At 234.6 million euros sales at virtually the same level as in the previous year (HY1 2016: 236.0 million euros)

- Mid-year EBIT at -0.4 million euros (HY1 2016: -0.5 million euros)

- Added-value products increase turnover

- Capital ratio increases to 62.4%, ROCE rises to 20.5%

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