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Heidelberg wallboxes far exceed sales expectations – e-mobility business already profitable

05/11/2021

  • Sales in this area of business double to over € 20 million in FY 2020/21
  • Positive margin despite progressive capacity expansions
  • Additions to product portfolio, regional expansion, and new sales partnerships offer dynamic growth potential
  • Heidelberg Wallbox Home Eco comes out top in tests once again
  • Wallbox business to be transferred to a dedicated subsidiary for faster expansion

Based on provisional figures for financial year 2020/21 (April 1, 2020 to March 31, 2021) that are yet to be audited, Heidelberger Druckmaschinen AG (Heidelberg) has far exceeded its own growth predictions in the area of e-mobility. Soaring demand has resulted in sales of over € 20 million – some way above the target of around € 15 million communicated in the fall of 2020, which was already far higher than the figure of around € 10 million for the previous year. Furthermore, despite increased growth investments, Heidelberg has already achieved a positive margin for its electric vehicle charging stations (wallboxes). Since moving into this segment just three years ago on the basis of the technology expertise and innovation know-how available in-house, Heidelberg has increased its market share in German-speaking countries to approximately 20 percent. The company has sold some 45,000 wallboxes to end customers since 2018.

“With its wallboxes, Heidelberg has taken up a leading position in a market that is enjoying rapid growth. Demand for our products is booming, and we’ve significantly exceeded our sales targets for financial year 2020/21. Despite the start-up nature of the business, we’re already in the black. We intend to further increase the value of the Group as a whole by rapidly expanding our e-mobility portfolio,” says Heidelberg CEO Rainer Hundsdörfer.

Planned capacity expansion reflects dynamic growth in demand
Additions to product portfolio, regional expansion, and further sales partnerships consolidate growth
Transfer to dedicated company for faster expansion
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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)6222 82 67129

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