Sharp rise in raw material costs leads to price adjustments at Heidelberg

05/25/2021

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05/25/2021 - Press Release

In order to cushion the disproportionately sharp rise in material, logistics, and other procurement costs, Heidelberger Druckmaschinen AG (Heidelberg) will be moderately increasing the prices for its equipment business with immediate effect. This adjustment is being made in an economic environment of rising demand and costs for raw materials and is a necessary step in order to continue offering customers innovative solutions and first-class service.

"The current price development of raw materials shows an unprecedented upward momentum," said Rainer Hundsdörfer, CEO of the company. "Primarily due to the high demand from China as well as the global megatopic of electromobility, procurement costs have risen significantly in the short term. In recent months we have exhausted all possibilities to avoid an imminent price increase. We want to grow together with our customers and continue to be a reliable partner to them in a changing market environment. The moderate price increase that is now necessary will allow us to further expand our innovation leadership and is therefore also an investment in the future."

The focus is on the customer with his requirements to optimally develop and utilize his business potential through state-of-the-art technologies, innovative solutions and with new business models. With a view to the decisive factors, such as process optimization and intelligent, operator-independent productivity, Heidelberg offers the smart print shop.

To this end, all Speedmaster models in small, medium, and large formats are equipped with the new Push to Stop functions and a cloud connection as standard. This means that all customer groups can enjoy the steadily growing range of cloud-based software solutions and also benefit from future developments. Interesting innovations in the field of intelligent assistance systems and AI impressively demonstrate what is already possible today and where developments will go in the coming years.

Customers will be contacted directly by the Heidelberg sales team.

Further Information
Important note

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05/25/2021 - Press Release

Thomas_Fichtl

Thomas Fichtl
Pressesprecher Tel.: +49 (0)6222 82 67123

Robin Karpp
Head of Investor Relations and Group Communications Tel.: +49 (0)6222 82 67120
Fax.: +49 (0)6222 82 67129

Sharp rise in raw material costs leads to price adjustments at Heidelberg

05/25/2021

In order to cushion the disproportionately sharp rise in material, logistics, and other procurement costs, Heidelberger Druckmaschinen AG (Heidelberg) will be moderately increasing the prices for its equipment business with immediate effect. This adjustment is being made in an economic environment of rising demand and costs for raw materials and is a necessary step in order to continue offering customers innovative solutions and first-class service.

"The current price development of raw materials shows an unprecedented upward momentum," said Rainer Hundsdörfer, CEO of the company. "Primarily due to the high demand from China as well as the global megatopic of electromobility, procurement costs have risen significantly in the short term. In recent months we have exhausted all possibilities to avoid an imminent price increase. We want to grow together with our customers and continue to be a reliable partner to them in a changing market environment. The moderate price increase that is now necessary will allow us to further expand our innovation leadership and is therefore also an investment in the future."

The focus is on the customer with his requirements to optimally develop and utilize his business potential through state-of-the-art technologies, innovative solutions and with new business models. With a view to the decisive factors, such as process optimization and intelligent, operator-independent productivity, Heidelberg offers the smart print shop.

To this end, all Speedmaster models in small, medium, and large formats are equipped with the new Push to Stop functions and a cloud connection as standard. This means that all customer groups can enjoy the steadily growing range of cloud-based software solutions and also benefit from future developments. Interesting innovations in the field of intelligent assistance systems and AI impressively demonstrate what is already possible today and where developments will go in the coming years.

Customers will be contacted directly by the Heidelberg sales team.

Further Information

Image material and additional information about the company are available in the Press lounge and the Media library of Heidelberger Druckmaschinen AG at www.heidelberg.com.

Heidelberg IR now on Twitter:
Link to the IR Twitter channel: twitter.com/Heidelberg_IR
On Twitter under the name: @Heidelberg_IR

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 macro-economic 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.

Contact

Thomas Fichtl

Pressesprecher

Tel.: +49 (0)6222 82 67123

Robin Karpp

Head of Investor Relations and Group Communications

Tel.: +49 (0)6222 82 67120

Tel.: +49 (0)6222 82 67129

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