Heidelberger Druckmaschinen AG Reports Strong Order Backlog and High Incoming Orders in First Half of Financial Year 2024/2025
Heidelberger Druckmaschinen AG (HEIDELBERG), a leading provider of printing technology, has announced a positive outlook for the second half of financial year 2024/2025. Thanks to a high order backlog of €953 million and strong incoming orders in the first half of the year, the company expects a strong performance in the coming months. These positive developments reflect the expected seasonality in the financial year.
According to HEIDELBERG CEO Jürgen Otto, the company is starting a very strong second half of the year. He states, “We are now ramping up the utilization of our production capacities so we can work through our order backlog in the third and fourth quarters quickly and profitably.” With almost all orders for new machines already fulfilled and full production capacity, HEIDELBERG is confident in achieving its targets for the year.
The company has seen strong growth in the Asia Pacific region, with a 10% increase in incoming orders. HEIDELBERG is focused on capitalizing on its strengths, including its high export ratio and strong market position in China and the Asia-Pacific region. In addition, the company benefits from a large installed base of machines connected to HEIDELBERG via a cloud, allowing for improved efficiency and maintenance.
In the first six months of financial year 2024/2025, HEIDELBERG’s sales were €915 million, within expectations due to purchasing restraint ahead of the drupa trade show. The EBITDA margin was 3.4%, impacted by lower sales in Q1 and expenses related to drupa. However, strict cost discipline and improved EBITDA in the second quarter have positively impacted the company’s financials.
The packaging solutions segment remains a strong growth driver for HEIDELBERG, with a 9.7% increase in incoming orders in the first half of the year. The company is also focused on further growth opportunities in the Packaging, Industry, and Service segments, as well as cost reductions.
Based on the strong order backlog and focus on margins and costs, HEIDELBERG confirms its annual forecast for financial year 2024/2025. The company expects sales to be in line with the previous year’s figure and the adjusted EBITDA margin to be similar to the previous year’s figure.
For more information about Heidelberger Druckmaschinen AG, please visit the company’s Investor Relations portal and Press Lounge at www.heidelberg.com.
For media inquiries, please contact:
Florian Pitzinger, Corporate Communications
Phone: +49 151 67968774
E-mail: Florian.Pitzinger@heidelberg.com
Thomas Fichtl, Corporate Communications
Phone: +49 6222 82-67123
E-mail: Thomas.Fichtl@heidelberg.com
For investor inquiries, please contact:
Maximilian Beyer, Investor Relations
Phone: +49 6222 82-67120
E-mail: Maximilian.Beyer@heidelberg.com
Important Note:
This press release contains forward-looking statements based on assumptions and estimates made by the management of Heidelberger Druckmaschinen Aktiengesellschaft. Actual future developments and results may deviate considerably from assumptions and estimates due to various factors, including changes in economic conditions, exchange rates, and interest rates. Heidelberger Druckmaschinen Aktiengesellschaft provides no guarantee and assumes no liability that future developments and results will correspond to the assumptions and estimates made in this press release.
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