• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Labels & Packaging
    • Markets
    • Technology
    • Equipment
    • Supplies
    • Buyers' Guide
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Exclusives
  • Labels & Packaging
  • Markets
  • Technology
  • Equipment
  • Supplies
  • Buyers' Guide
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Editorial
    Columns
    Digital Edition
    eNewsletter Archive
    Our Team
    Subscribe Now
    Advertise Now
    Top Features
    Smart Labels

    Finishing Equipment

    Label Insights: Anderson & Vreeland addresses benefits of proper plate storage

    Narrow Web Profile: American Non Stop Label Corp.

    Labelexpo Europe 2023 Product Preview
    Breaking News
    Converter News
    European Label News
    Industry News
    Industry People
    M&A News
    New Products
    Expert's Opinion
    Live From Shows
    Top News
    SABIC and partners launch bio-based IML solution for food packaging

    tesa completes expansion of Michigan manufacturing facility

    Comexi and Asahi to host 'Effortless Platemaking' event

    Siegwerk’s climate targets validated by SBTi

    Constantia Flexibles honored for mono-material packaging
    Blog
    Video Bites
    Beauty & Personal Care Labels
    Beer Labels
    Beverage Labels
    Flexible Packaging
    Folding Carton
    Food Labels
    Glue-Applied
    In-Mold
    Industrial Labels
    Medical Labels
    Pharmaceutical Labels
    Pressure Sensitive
    Prime Labels
    Promotional Labels
    Security Labels
    Shrink
    Smart Labels
    Specialty Labels
    Spirits Labels
    Wine Labels

    SABIC and partners launch bio-based IML solution for food packaging

    tesa completes expansion of Michigan manufacturing facility

    Comexi and Asahi to host 'Effortless Platemaking' event

    Constantia Flexibles honored for mono-material packaging

    APR publishes expanded Global Design Catalog
    Africa
    Asia
    Australia
    China
    Europe
    India
    Latin America
    Middle East
    North America

    tesa completes expansion of Michigan manufacturing facility

    Comexi and Asahi to host 'Effortless Platemaking' event

    Label Summit Latin America returns to Colombia

    IDENTCO brings new automated wire marking system to Mexico

    Recyclable, deinkable stand-up pouch wins Gold in Germany
    Flexography
    Digital Printing
    Prepress
    Finishing
    Sustainability

    SABIC and partners launch bio-based IML solution for food packaging

    Comexi and Asahi to host 'Effortless Platemaking' event

    Siegwerk’s climate targets validated by SBTi

    Constantia Flexibles honored for mono-material packaging

    Michelman introduces DigiPrime Vision
    Digital Printers & Presses
    Flexo Presses
    Label Converting Equipment
    Label Finishing Equipment
    Prepress Equipment

    Comexi and Asahi to host 'Effortless Platemaking' event

    Anjou adds Bobst Digital Master 340

    Bobst to 'unwrap the future of flexible packaging' at open house

    Flexo Wash to exhibit at FTA Fall Technical Conference

    Kenco Label & Tag adds sheeting system from Daco Solutions
    Dies And Tooling
    Flexo Supplies
    Ink & Coatings
    Prepress Supplies
    Pressrooom Supplies
    Substrates

    SABIC and partners launch bio-based IML solution for food packaging

    tesa completes expansion of Michigan manufacturing facility

    Siegwerk’s climate targets validated by SBTi

    Constantia Flexibles honored for mono-material packaging

    Michelman introduces DigiPrime Vision
    All Companies
    Categories
    Company Profiles
    Label Converters
    Trade Associations
    Add New Company
    International Buyers Guide Companies
    D.P.R. Labeling LLC

    Martin Automatic Inc.

    Epson America, Inc.

    K Laser Technology (USA) Co., Ltd.

    Wilson Manufacturing
    Industry Events
    Webinars
    Live from Show Events
    • Magazine
      • Current & Past Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Buyers' Guide
      • All Companies
      • Categories
      • Company Profiles
      • Label Converters
      • Trade Associations
      • Add Your Company
    • Labels & Packaging
      • Beauty & Personal Care Labels
      • Beer Labels
      • Beverage Labels
      • Flexible Packaging
      • Folding Carton
      • Food Labels
      • Glue-Applied
      • In-Mold
      • Industrial Labels
      • Medical Labels
      • Pharmaceuticals Labels
      • Pressure Sensitive
      • Prime Labels
      • Promotional Labels
      • Security Labels
      • Shrink
      • Smart Labels
      • Speciality Labels
      • Spirits Labels
      • Wine Tables
    • Markets
      • Africa
      • Asia
      • Australia
      • China
      • Europe
      • India
      • Latin America
      • Middle East
      • North America
    • Equipment
      • Digital Printers & Presses
      • Flexo Presses
      • Label Converting Equipment
      • Label Fishing Equipment
    • Supplies
      • Dies And Tooling
      • Flexo Supplies
      • Ink & Coatings
      • Prepress Supplies
      • Substrates
      • Pressrooom Supplies
    • Online Exclusives
    • Slideshows
    • Experts Opinions
    • Videos
    • Podcasts
    • Infographics
    • Blog
    • Whitepapers
    • Events
      • Industry Events
      • Live from Show Events
      • Webinars
    • Jobs
    • Resources
      • Supplier Gallery
      • Literature Showcase
      • Homepage Showcase
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Narrow Web Europe

    Heidelberg – hard hit by the rising euro

    ...

    07.23.08
    Heidelberg – hard hit by the rising euro
    Heidelberg is Europe’s (and probably the world’s) biggest print machinery manufacturer. Commenting on the group’s results for the year ending March 2008, Heidelberg CEO Bernhard Schreier acknowledged that poor economic prospects had taken their toll in particular since the beginning of this year. During the fiscal year, Heidelberg’s sales, operating result and net profit were all down from the previous year’s levels. As with many international companies based in Europe, the group’s business has been hit not only by the downturn in the global economy but by the strength of the euro. Business in the US has been hit badly, with the UK and Japan also showing a downward trend.
    This did not deter Heidelberg from pulling out all the stops at Drupa. The company showed its full range of Speedmaster format presses for labels, as well as all its Workflow and CTP systems – all this at a “booth” of 80,000 square feet with 1,500 Heidelberg staff in attendance. This is probably the largest roofed-in booth of any trade show, anywhere in Europe, or even in the world.
    Unconfirmed rumors are going around in Europe that Heidelberg, despite its disappointing results, is on the acquisitions path, and that its target could be Agfa, the company that grew big on making films for cameras, and is now trying to reinvent itself in digital printing equipment. Schreier has already dropped hints of “a planned investment of several hundred million euros to round out Heidelberg’s range of products and services.”

    Related Searches
    • Digital printing
      Loading, Please Wait..

      Breaking News
      • SABIC and partners launch bio-based IML solution for food packaging
      • tesa completes expansion of Michigan manufacturing facility
      • Comexi and Asahi to host 'Effortless Platemaking' event
      • Siegwerk’s climate targets validated by SBTi
      • Constantia Flexibles honored for mono-material packaging
      View Breaking News >
      CURRENT ISSUE

      September 2023

      • Smart Labels
      • Finishing Equipment
      • Label Insights: Anderson & Vreeland addresses benefits of proper
      • Narrow Web Profile: American Non Stop Label Corp.
      • Labelexpo Europe 2023 Product Preview
      • Labelexpo Europe 2023 Preview
      • Label Insights: Flint Group explores newest ink technologies for
      • View More >

      Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
      You can obtain detailed information about the use of cookies on our website by clicking on "More informationâ€.

      • About Us
      • Privacy Policy
      • Terms And Conditions
      • Contact Us

      follow us

      Subscribe
      Nutraceuticals World

      Latest Breaking News From Nutraceuticals World

      D2C Supplement Brand Launches Blood Sugar Support Supplement, Gluco-Control
      Natrol Launches First Non-Melatonin Sleep Supplement
      Metagenics Releases Consumer Survey on Menopausal Support Supplement
      Coatings World

      Latest Breaking News From Coatings World

      Coating Additives Market Worth $10.5B by 2028: MarketsandMarkets
      California Sports Surfaces Celebrates 70 Years
      ROSS Offers Cost-Effective, Expertly Reconditioned Equipment
      Medical Product Outsourcing

      Latest Breaking News From Medical Product Outsourcing

      MPO's Most-Read Stories This Week—Sept. 30
      Dentsply Sirona Names Former NuVasive CEO Lucier as Chairman
      SeaStar Medical Gets Breakthrough Nod for Selective Cytopheretic Device
      Contract Pharma

      Latest Breaking News From Contract Pharma

      Univercells Expands into the U.S. With New Offices in Andover, MA
      Evecxia Therapeutics, Quotient Sciences Complete Clinical Milestone for Depression Treatment
      Ionis, Roche Partner on RNA-targeted Programs for AD and HD
      Beauty Packaging

      Latest Breaking News From Beauty Packaging

      YSL Beauty Taps Finn Wolfhard, Lil Yachty & More for Fragrance Campaign
      74% of Makeup Users Open to Affordable ‘Dupes,’ Mintel Says
      Stoelzle Glass Group Names New CEO
      Happi

      Latest Breaking News From Happi

      YSL Beauty Welcomes Five Foremost Artists to Represent New Fragrance
      Christian Siriano Appointed Olay’s First Chief Drop Officer
      The Estée Lauder Companies Launches 2023 Breast Cancer Campaign
      Ink World

      Latest Breaking News From Ink World

      Weekly Recap: Wikoff Color, BASF, Latin America Top This Week’s Stories
      Siegwerk’s Climate Targets Validated by SBTi
      ROSS Offering Cost-Effective, Expertly Reconditioned Equipment
      Label & Narrow Web

      Latest Breaking News From Label & Narrow Web

      SABIC and partners launch bio-based IML solution for food packaging
      tesa completes expansion of Michigan manufacturing facility
      Comexi and Asahi to host 'Effortless Platemaking' event
      Nonwovens Industry

      Latest Breaking News From Nonwovens Industry

      Greentech Introduces Air Filter with Advanced Odor Elimination
      Ontex Divests Pakistan Operations to ASAIA Holding
      Goodnites Bedwetting Underwear Recognized by Good Housekeeping
      Orthopedic Design & Technology

      Latest Breaking News From Orthopedic Design & Technology

      ODT's Most-Read Stories This Week—Sept. 30
      Lazurite Adds Benchmark Medical as a Distributor for its ArthroFree Wireless Camera System
      ChitogenX Granted New U.S., Canadian ORTHO-R Patent
      Printed Electronics Now

      Latest Breaking News From Printed Electronics Now

      Weekly Recap: Mergers and Acquisitions, First Solar Top This Week’s Stories
      Jabil Posts Fourth Quarter, Fiscal Year 2023 Results
      Ink-Borne ‘Chiplets’ Could Lead to Printable Displays, Electronics and More

      Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

      AD BLOCKER DETECTED

      Our website is made possible by displaying online advertisements to our visitors.
      Please consider supporting us by disabling your ad blocker.


      FREE SUBSCRIPTION Already a subscriber? Login