HEIDELBERG (dpa-AFX) - In a challenging environment, Heidelberger Druck landed more orders again at the end of the past financial year. Incoming orders in the three months to the end of March "improved significantly" to just under 600 million euros, the SDax-listed company announced in Heidelberg on Wednesday. In the third quarter of the financial year, the situation was significantly weaker - now business in Asia, particularly in China, has improved.

Based on preliminary figures, the printing press manufacturer was able to keep sales stable at around 2.4 billion euros in the past financial year (as at the end of March). In day-to-day business, Heidelberg also earned roughly the same amount as in the previous year, adjusted for special items.

In mid-April, it was surprisingly announced that the previous CEO Ludwin Monz would be stepping down. He will be succeeded by the former S.Oliver CEO Jürgen Otto./ngu/jha/