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Heidelberg sells DOCUFY software subsidiary to Elvaston Capital Management and raises EBITDA margin target for FY 2021/22

08/31/2021

  • Unchanged focus on cloud-based digitization strategy in the core business
  • Portfolio streamlining strengthens liquidity for future investments
  • EBITDA margin of 7-7.5% expected for full year 2021/22
  • Further strategic development of DOCUFY

As part of its continued focus on its cloud-based digitization strategy in its core business, Heidelberger Druckmaschinen AG (Heidelberg) has sold the software provider DOCUFY GmbH, Bamberg, to the investment company Elvaston Capital Management, Berlin. A corresponding purchase agreement was signed today. In December 2019, Heidelberg had bundled its own peripheral software activities at DOCUFY, which usefully complemented DOCUFY's existing portfolio.

Unchanged focus on cloud-based digitization strategy in the core business
EBITDA margin of 7-7.5% expected for full year 2021/22
Further information
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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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