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AGM of Heidelberger Druckmaschinen AG for financial year 2017/2018 approves all items on the agenda with a clear majority.
Around 1,300 shareholders attended the Annual General Meeting of Heidelberger Druckmaschinen AG (Heidelberg) for financial year 2017/2018, which was held at the Congress Center Rosengarten in Mannheim. Just under 38 percent of the company’s share capital was represented at the event.
The Management Board presented the company’s strategy and the figures for the past financial year (April 1, 2017 through March 31, 2018) to the shareholders. In his speech, CEO Rainer Hundsdörfer talked about the significant progress the Group has made in pursuing its digital transformation. A number of customers have already opted for the new subscription model that offers Heidelberg products and services under a usage-based all-in contract running over several years. In addition, series production of digital presses for packaging and label printing (Primefire and Labelfire) has now started and will have an increasingly positive impact on sales. Further positive impetus is anticipated from additional sales of consumables, increased levels of e-commerce business thanks primarily to the company’s newly founded Heidelberg Digital Unit.