Heidelberg starts new financial year with high order volume and improved operating profitability

Heidelberg starts new financial year with high order volume and improved operating profitability
- Broad market recovery and successes from transformation strategy
- Marked uptick in growth areas - successful trade show in China and strong expansion in e-mobility sector
- Q1 sales up by around a third and incoming orders by nearly 90 percent
- Notable improvement in operating profitability - EBITDA of € 15 million
- Outlook for FY 2021/22: Increased sales of at least € 2 billion, improved EBITDA margin of 6 to 7 percent, and slightly positive net result after taxes
- Sustainably high potential for result and free cash flow through lowering of break-even point to around € 1.9 billion in FY 2022/23

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