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Successful realignment reflected in strong incoming orders at drupa, creating basis for further growth in year as a whole

08/10/2016

Successful realignment: Customers invest in industrial print production and digitization

  • Business development in first quarter of 2016/2017 shaped by drupa industry trade show:
  • Incoming orders of € 804 million boost order backlog by 67 percent
  • Net sales (€ 486 million) and operating result (EBITDA € 1 million) below that of previous year – restrained investment activity ahead of drupa and trade show costs impact quarterly result (net result after taxes € –37 million)
  • Positive free cash flow of € 6 million
  • Year-end and medium-term targets in reach

As expected, the first quarter of financial year 2016/2017 (April 1, 2016 to June 30, 2016) at Heidelberger Druckmaschinen AG (Heidelberg) was shaped by the industry trade show drupa, which took place in late May/early June. Under its “Simply Smart” motto, Heidelberg took the industry’s digitization and thus the company’s strategic realignment to the next level. The new products and solutions resulted in a high demand for all the company’s offerings related to industrial print production and digitization. Accordingly, incoming orders rose to € 804 million as at June 30. Compared to the previous quarter, the order backlog, which is a measure of the Group’s future operational development, increased by 67 percent from € 460 million to € 768 million. This strong demand is a solid basis for achieving the targets for the year as a whole.

“Thanks to a good showing at drupa, Heidelberg has made a solid start to the new financial year. The high level of incoming orders at the trade show is particularly strong evidence of this,” said Heidelberg CEO Gerold Linzbach. “Our innovations have set new standards for industrial printing in the digitized era. The high level of acceptance on the market gives us a very optimistic outlook for the future.”

Business development in first quarter of 2016/2017 shaped by drupa industry trade show
Positive free cash flow of € 6 million in first quarter
Successful realignment: Customers invest in industrial print production and digitization
Year-end and medium-term targets in reach
Thomas_Fichtl

Thomas Fichtl
Head of Corporate Public Relations and Press Officer Tel.: +49 (0)6222 82 67123
Fax.: +49 (0)6222 82 67129

robin_karpp

Robin Karpp
Head of Investor Relations and Group Communications Tel.: +49 (0)6222 82 67120
Fax.: +49 (0)6221 92 5189

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