Ad hoc - Notification pursuant to Article 17 MAR

04/27/2021 6:16 p.m. CEST

Ad hoc - Notification pursuant to Article 17 MAR
Heidelberg (ISIN DE0007314007)

Heidelberger Druckmaschinen AG

Heidelberg surpasses forecast based on preliminary financial figures for financial year 2020/2021

Heidelberg, April 27, 2021

According to preliminary figures, Heidelberger Druckmaschinen AG (Heidelberg) has exceeded its own forecast in terms of net sales and operating margin for the financial year 2020/2021 just ended (April 1, 2020 to March 31, 2021).

Thanks to a strong final quarter, sales of around EUR 1.913 billion were slightly above the forecast range of EUR 1.85 billion to EUR 1.90 billion. Due to rising demand, particularly in China, parts of Europe and, in the final quarter, also in the US, incoming orders rose to a level of around € 2.0 billion by the end of the financial year. In the fourth quarter alone, the order intake improved year-on-year from € 462 million to € 579 million.

As a result of the positive effects realized under the transformation program and the higher sales volume in the final quarter, the operating return exceeds the company’s own forecast. At around € 146 million, EBITDA excluding restructuring result in financial year 2020/2021 was significantly higher than in the previous year (€ 102 million). The EBITDA margin of around 7.6 percent thus exceeded the company's own forecast of around 7 percent.

The company will publish its financial statements and annual report for financial year 2020/2021 on June 9, 2021.

Further information:

Corporate Communications
Thomas Fichtl
Phone: +49 6222 82-67123
Fax: +49 6222 82-67129

Investor Relations
Robin Karpp
Phone: +49 6222 82-67120
Fax: +49 6222 82-99 67120

Important note:
This press release contains forward-looking statements based on assumptions and estimations by the Management Board of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the Management Board is of the opinion that those assumptions and estimations are realistic, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the macroeconomic situation, in the exchange rates, in the interest rates, and in the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft gives no warranty and does not assume liability for any damages in case the future development and the projected results do not correspond with the forward-looking statements contained in this press release.


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