on Heidelberger Druckmaschinen AG (isin : DE0007314007)
Heidelberger Druckmaschinen AG's Strategic Plan for Wiesloch-Walldorf Site
Heidelberger Druckmaschinen AG has announced a strategic plan for its Wiesloch-Walldorf site, aimed at bolstering competitiveness. The plan, agreed upon with the Works Council and trade union, includes personnel cost savings of over €100 million over the next three years, partly through a reduction of approximately 450 jobs. Despite the reductions, a workforce size of 3,500 will be maintained until 2028.
The strategy also focuses on growth in digital and automation sectors, with potential sales increase over €300 million by 2029. Investments are planned for the Wiesloch site, including infrastructure modernization and a new data center. HEIDELBERG confirms its sales forecast of €2,395 million for the financial year 2024/2025.
This plan strengthens HEIDELBERG's international position, particularly in Asia, and includes partnerships to boost digital printing capabilities. Over 85% of the company's business is conducted internationally, illustrating its strong global market position.
R. E.
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