Heidelberg delivers the 5,000th printing unit of the Speedmaster CD 74, which is being delivered to the US. During Print 05 in Chicago, the Chairman of the Manage- ment Board Bernhard Schreier presents a certifi- cate to the owners of the US print shop Phil Vedda & Sons Printing Company. Developments at this trade show confirm the upward trend in the print media industry.
Commerzbank Sells Its Shareholding
Heidelberg’s free float increases to 67 percent as a consequence of the market placement, within the frame- work of an accelerated tender offer, of the ten percent shareholding by Commerz- bank Aktiengesellschaft in Heidelberger Druckmaschi- nen Aktiengesellschaft.
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October 10 / 2005 November 11 / 2005 December 12 / 2005 January 1 / 2006 February 2 / 2006 March 3 / 2006 ‘Heidelberg Remote Services’ AwardedThe IT trade publication Com- puterwoche and the manage- ment consulting firm Gartner Germany award the remote maintenance concept ‘Hei- delberg Remote Services’ (HEIRES) as the IT Application of the year 2005. The Internet- based HEIRES service records information on the condition of printing presses.
Management Board Approves Share Buyback
The Heidelberg Manage- ment Board announces its approval of the acquisi- tion of the Company’s shares in an amount equiva- lent of up to five percent of share capital. The repur- chased shares are to be either retired or issued to employees within the frame- work of the employee share participation programs.
Heidelberg at Druckforum in Stuttgart
More than 300 visitors attended the inauguration of this year’s Druckforum in Stuttgart. This event is hosted by Heidelberg’s marketing arm, Heidelberger Druck- maschinen Vertrieb Deutsch- land GmbH. Presentations on ‘Profitable Pressroom Net- working’ and ‘Uninterrupted Color Management’ stimu- lated considerable interest.
Heavy Demand for Heidel- berg’s Postpress Products
Heidelberg attained two records in the Finishing area: the 1,000th Stahlfolder fold- ing machine was installed at the end of 2005 and the 200th Stitchmaster ST 400 was also recently deployed in produc- tion. Both of these units have already received the highly regarded ‘PIA/GATF InterTech Award’.
Polygraphinter in Moscow Successful
Heidelberg presents its line of solutions to over 10,000 visitors and customers at the Russian trade show Poly- graphinter, which is held during October 10 – 16, 2005, in Moscow. Strong interest was shown for the first Speed- master XL 105 in Russia.
Gallus Group Acquires Participation in BHS
The Gallus Group intends to enhance its expansion of the folding box business with the acquisition of a 30 percent shareholding in BHS Druck- und Veredelungs- technik GmbH. Gallus has been a member of the Heidel- berg Group since financial year 2002/2003.
Numerous Innovations Announced at Pre-IPEX Press Conference
Heidelberg presents its prod- uct line in the run-up to the IPEX trade show in April 2006, focusing primarily on process integration. Introduction of the Speedmaster SM 52-10-P additionally represents the first small-size ten-ink print- ing press.
Heidelberg Establishes CTA for Pension Obligations
Heidelberg transfers the funding of pension obliga- tions for employees and retirees into a Contractual Trust Arrangement (CTA). Approximately € 450 million are transferred to a trustee, with pension rights remaining unchanged. This move serves to reduce Heidelberg’s total assets in order to improve the comparability of the Com- pany’s financial figures.
Heidelberg Plans Larger Printing Presses
Heidelberg announces the expansion of the existing product portfolio into a larger- format category. The new printing press generation is to be introduced at drupa 2008. Heidelberg intends to expand its market leadership in the sheetfed offset segment with this expanded offering.
Cooperation Agreement with SSI
Heidelberg signs a coopera- tion agreement with SSI (Saueressig Security Inter- national). The goal of this agreement is to develop an embossing unit for the pur- pose of such security ele- ments as hidden graphics, which grant protection for end customers against brand piracy.
Delivery of 1,000th Printing Unit of Speedmaster XL 105
The 1,000th Speedmaster XL 105 printing unit was manu- factured at the Wiesloch plant just one year following startup of series production. In Feb- ruary, Heidelberg’s biggest Sheetfed Offset printing press received the ‘Silver’ design prize from the Federal Republic of Germany.
Successful Conclusion of ‘HPP 2006’
Heidelberg successfully con- cludes the ‘HPP 2006’ (‘High- Performance Production’) project after a period of three years. The goal of this project had been to improve Heidel- berg’s competitiveness. To this end, the internal manufactur- ing structures and processes were analyzed and optimized. The resultant knowledge enters into the Heidelberg Production System, where it is to be developed further.
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The financial year in review <Your reading of this year’s Annual Report will be accompanied by our integrated printing process. And for good reason, as the ability to design production processes efficiently is becoming increasingly important for the market success of media service providers. What steps does a print product go through before customers finally take possession of it? How can optimal linkage with interfaces be achieved throughout the production process? In the image and topical pages that appear among the sections of the Annual Report, you can follow the typical path of a printing job as it is completed efficiently and in a trans- parent manner at a networked print shop that uses Prinect.
We have restructured the Annual Report and added key topics in line with the requirements of German Accounting Standard 15. Thus, the Management Board provides information concerning the Heidelberg Group, business developments, the divisions, regions and areas, and the future of the Company under each major topic.
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PR I N E CT H E I D E L B E R G ’SI N T E G R A T E D W O R K F LO W
Management Prepress Press Postpress
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M A N AG E M E NT R E PO RT H E I D E L B E R G G R O U PThe Group / Development Developments in The Underlying Conditions of the Group the Business Areas Future
Contents
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