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Heidelberg aims to push up sales and margins in the new financial year, although the group’s outlook is tempered by global uncertainties including the war in Ukraine and China's zero-Covid policy.
Heidelberg achieved its own forecast for sales and EBITDA margin in the financial year 2021/22 and returned to profitability, according to unaudited preliminary results.
Heidelberg CEO Rainer Hundsdörfer is to step down at the end of the financial year, and will be succeeded by another industry outsider – a long-standing Zeiss executive – in April 2022.
Heidelberg: 'comprehensive transformation' is paying off Jo Francis Wednesday, June 9, 2021 Heidelberg CEO Rainer Hundsdörfer said the business was now “leaner and more efficient”, and is poised to return to profitability in 2022/23 on the back of a raft of growth initiatives including offering Prinect as a cloud-based contract model. Sheetfed press assembly at Heidelberg's Wiesloch facility Announcing its year-end results for the 2020/21 financial year, the group confirmed the better-than-expected performance trailed in April. Sales slightly exceede...
Heidelberg shares spike as it surpasses forecasts Richard Stuart-Turner Wednesday, April 28, 2021 Heidelberg’s share price jumped by 18.5% in early trading today after the manufacturer said it exceeded its own net sales and operating margin forecasts for the 2020/21 financial year. Heidelberg’s order intake improved significantly in Q4 According to its unaudited preliminary figures for the year ended 31 March 2021, the business recorded sales of around €1.91bn (£1.66bn), slightly above the forecast range of €1.85bn to €1.9bn. The company said tha...