Heidelberg achieves net profit after taxes for first half of year

11/09/2017

  • Group sales almost the same as previous year at €1,054 million
  • Operating result (EBITDA) improves from €45 million to €60 million – EBITDA margin reaches 8.2 percent in second quarter
  • Net result after taxes increases by €28 million – positive half-year result for the first time in ten years
  • Success in strategic development – high demand for digital presses, establishment of new business models, and kickoff of a transformation program to drive operational excellence
  • Exchange rate effects and reluctance to invest on the U.S. market
  • Sights still set on targets for financial year 2017/18 as a whole

Heidelberger Druckmaschinen AG (Heidelberg) made further progress in operational and strategic development in the first half of 2017/18 (April 1 to September 30, 2017). Thus profitability improved significantly, resulting in a half-year net profit after taxes of €+0.3 million for the first time since financial year 2007/08. In the second quarter, the company made further progress in its future-oriented strategic issues such as technology leadership, digital transformation, and operational excellence. This was achieved through, among other things, market successes with innovative digital presses, establishing new business models, and enhancing efficiency by adapting leadership structures.

“The process of converting our company into a state-of-the-art digital technology group is progressing well,” says Rainer Hundsdörfer, CEO of Heidelberg, and continues: “With the launch of new subscription models for our customers and our portfolio of innovative products for the eMobility growth sector, we’re moving into new territory that offers enormous potential for growth. Heidelberg will be setting new standards when it comes to technologies of the future, digitization, and efficiency. The necessary cultural shift has only just begun.”

Growth potential thanks to new business models

Kickoff of a transformation program to drive operational excellence

Heidelberg achieves significantly improved profitability after first half of the year

Exchange rate effects and reluctance to investon the U.S. market – sights still set on targets for financial year 2017/18 as a whole

Heidelberg IR now on Twitter

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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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