Consistent focus on Heidelberg’s profitable core business
Closure of unprofitable businesses as well as sharp cuts in production costs and structural costs – production of “Primefire” and “very-large-format printing” will be stopped
Action package includes global reduction in force by up to 2,000 jobs
Non-recurring expenses of approximately €300 million impact FY 2019/20 earnings
Return transfer of around €375 million in liquidity from trust fund secures financing of action package and significantly increases financial stability
Net debt to be almost completely eliminated; high-yield bond to be repurchased
Focus on technology leadership in core business with emphasis on digitalization to advance
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