Heidelberg reaches important strategic milestones – forecast for year as a whole confirmed

02/07/2019

  • Order backlog of €804 million in Q3 indicates strong final quarter
  • Nine-month sales of €1,693 million approximately 2 percent up on previous year
  • Solid operating result (EBITDA) of €101 million – net result after taxes improves
  • Targets for financial year 2018/2019 as a whole still in sight

Throughout financial year 2018/2019, Heidelberger Druckmaschinen AG (Heidelberg) is consistently pursuing its strategy of using digitization and collaborations to establish business models that deliver sustainable profitability. This includes, on the one hand, the move announced January 23, 2019 to reinforce activities in the growth market of packaging printing by expanding the partnership with China-based Masterwork. The intension is to expand the strong market position in this segment, better address the potential in China and Asia, and achieve efficiency improvements by further extending cooperation in production. On the other hand, Heidelberg has also reached key milestones in the roll-out of its “Heidelberg goes digital” strategy. Following the signing of 26 contracts for the new subscription model in the first nine months, the next interim target, as previously announced, is 30 contracts by the end of the financial year. This corresponds to an order volume of approximately €150 million.

Further progress in implementing the digital strategy

Solid operational development in the first nine months

Targets for financial year as a whole still in sight – moderate growth expected in net sales and net result after taxes

Other Dates

Thomas_Fichtl

Thomas Fichtl
Head of Corporate Public Relations and Press Officer Phone: +49 (0)6221 92 59 00
Fax.: +49 (0)6221 92 99 59 00

robin_karpp

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

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