69115 Heidelberg, de
+49 (6221) 92-5900
Annual General Meeting of Heidelberger Druckmaschinen AG for financial year 2014/2015 approves all items on the agenda with clear majority
The Management Board discussed the company's strategy and the financial results for the past financial year (April 1, 2014 through March 31, 2015). In his speech, Deputy CEO and CFO Dirk Kaliebe analyzed where Heidelberg stands at present and then highlighted where the company is heading in the medium term. The company had largely completed its strategic reorientation during the previous financial year. The focus during this process was on realigning the Group's portfolio toward profitable areas of business and growth sectors. The corporate structures have also been adapted to the dynamic changes in markets. This has had a further significant impact on sales and results. Together with optimizing the financing structure, this package of measures set the foundation for profitable growth. The aim is to achieve between 2 and 4 percent higher sales and an EBITDA margin of at least 8 percent during the current financial year 2015/2016.
Approval from the company's shareholders was needed for six of the seven items on the AGM's agenda. These included the election of Kirsten Lange to the Supervisory Board and decisions to raise new contingent capital and new authorized capital. All items on the agenda were approved with a clear majority.
For additional details about the company and image material, please visit the Press Lounge of Heidelberger Druckmaschinen AG at www.heidelberg.com.
Note for editors:
A recording of the speech and the presentation given by CFO Dirk Kaliebe at the 2015 AGM are available on the Internet at www.heidelberg.com.
The Annual Report and Agenda for the Annual General Meeting can also be downloaded from www.heidelberg.com.
The scheduled publication date for the financial statements for the first quarter of 2015/2016 is August 12, 2015.
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