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Sales fell in its first half of the year compared to the same period of the previous year for German precision mechanical engineering company Heidelberger Druckmaschinen. Heidelberger Druckmaschinen reported Thursday that Q1 sales of €403 million ($435 million) were below the previous year’s €544 million, as expected. Adjusted operating earnings (EBITDA) fell by around €51 million to -€9 million compared to the adjusted figure for the same quarter of the previous year. The technology company’s order intake in the first three months exceeded its own expectations of around €650 million at €701 m…

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