Heidelberg adopts action package to increase profitability
The Management Board of Heidelberger Druckmaschinen AG (Heidelberg) today adopted a wide-ranging action package, as announced last year, for a short-term reduction in structural costs and long-term improvements in the Companys profitability. Focus on the profitable core business and systematic streamlining of the cost base are geared to delivering a 100 million improvement in EBITDA, excluding the restructuring result.