Heidelberg significantly increases net result after taxes in third quarter

02/09/2017

  • Operating result (EBITDA) improves to €49 million
  • Net result after taxes increases from €7 million to €18 million
  • Sales of €608 million are higher than in Q2 but under last year’s figures due to series production ramp-ups
  • High order backlog of €739 million provides basis for strong final quarter
  • Outlook: Sights still set on the targets for the year
  • “Heidelberg goes digital”

After the third quarter of the 2016/2017 financial year, Heidelberger Druckmaschinen AG (Heidelberg) is still on course to increase its annual profit as planned. For example, during the third quarter (October 1 to December 31, 2016), the operating result (EBITDA) and the net result after taxes improved further compared to the same quarter of the previous year. After nine months, sales were still below the previous year’s levels, as expected. A large number of orders placed at drupa for innovative presses with longer delivery times that were presented at and ordered during the trade show will be supplied on schedule in the fourth quarter. The series launch of these products at the end of the financial year will also generate higher sales and a better result than in the previous year.

“The improvements in results in the third quarter show that Heidelberg is on the right course to achieve sustainable profitability,” said Rainer Hundsdörfer, CEO of Heidelberger Druckmaschinen AG. “We anticipate we will further increase our annual profit with a strong final quarter.”

New organization oriented towards digital transformation

Net result after taxes increases from €7 million to €18 million in Q3

Outlook: Sights still set on the targets for the year

Next date on company calendar:


Thomas_Fichtl_2014

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

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

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