Monday, October 06, 2008

Heidelberg Posts Quarterly Loss of $28 Million

From Printing Impressions
HEIDELBERG, GERMANY—According to its preliminary results, Heidelberger Druckmaschinen AG (a manufacturer of printing presses) will post a second quarter loss of as much as $28 million on sales of about $1.1 billion, a 10 percent decrease compared to the same period last year. Its restructuring costs in the quarter could be as much as an additional $28 million.

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