According to preliminary figures (unaudited), Heidelberger Druckmaschinen AG (Heidelberg) has exceeded its own forecast in terms of net sales and operating margin for the financial year 2020/2021 just ended (April 1, 2020 to March 31, 2021).

Heidelberg surpasses forecast thanks to strong final quarter in FY 2020/2021

Sales in FY 2020/2021 slightly above expectations at around € 1.913 billion
Substantially improved order situation in the final quarter increases incoming orders to around € 2 billion
Transformation program is taking effect: EBITDA margin excluding restructuring result at 7.6 percent better than forecast
Positive free cash flow and low net financial debt