Page 2 - Masterwork Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Heidelberg expands sales of Chinese presses Jo Francis Friday, March 12, 2021 Heidelberg has announced that a number of European customers have invested in presses from its Chinese manufacturing site, with export orders from the facility growing to 19% of sales. Heidelberg's factory in Shanghai: export orders are growing The Shanghai factory was set up in 2005. It makes printing presses in all standard formats, with its most popular products the Speedmaster CD 102 and Speedmaster CS 92 models for commercial printing and packaging applications. Heidelberg sa...

Share this article Share this article HEIDELBERG, Germany, Feb. 10, 2021 /PRNewswire/ -- Due to the increasingly tangible successes yielded by the company's transformation, plus growing demand from China and, since the third quarter, from Europe, too, Heidelberger Druckmaschinen AG (Heidelberg) is raising its target operating return for financial year 2020/21 as a whole. Consequently, the company anticipates that its EBITDA margin excluding restructuring result will grow to approximately 7 percent, even though the coronavirus pandemic may lead to a sales decline of around € 450 million t...