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Heidelberg sells Brentford site in mega deal

Heidelberg sells Brentford site in mega deal
printweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from printweek.com Daily Mail and Mail on Sunday newspapers.

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Order levels recovering and transformation taking effect - Heidelberg raises target margin for 2020/21

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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 to € 500 million compared to the previous year (previous year s sales: € 2,349 million) for the year as a whole. Previously, Heidelberg had anticipated an EBITDA margin that would, at its lowest, equal that of the previous year at 4.3 percent. It is also an encouraging sign for the coming months that print volumes among Heidelberg customers have almost reached the levels of the ....

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Auftragslage belebt sich, Transformation greift - Heidelberg hebt Margenziel für 2020/21 an

Auftragslage belebt sich, Transformation greift - Heidelberg hebt Margenziel für 2020/21 an
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

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Heidelberg sells Print Media Academy building | Packaging South Asia

Heidelberg Print Media Academy Photo Radosław Drożdżewski (Zwiadowca21)
Heidelberg has sold the Print Media Academy building across the street from the town’s central station. Although the glass and steel structure was somewhat symbolic – it may ultimately be seen as a re-enactment of a heavy metal fantasy that went awry as the demand for sheetfed offset presses declined over the past two decades. It is reported that the building is sold to a Luxembourg-based investment company for a low double-digit million Euro sum. The erstwhile owners will continue to lease some office space in a building in a prime location that must have been expensive to build and maintain. ....

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End of an era as Heidelberg sells PMA

End of an era as Heidelberg sells PMA
Jo Francis
Tuesday, February 2, 2021
It’s the end of an era for Heidelberg, which has sold its landmark Print Media Academy building in the heart of the German town as part of its ongoing series of asset sales and disposals.
S-Printing Horse sculpture with PMA shown behind
The Print Media Academy (PMA) was a high-profile project under then-Heidelberg CEO Hartmut Mehdorn, and was built to mark Heidelberg’s 150
th anniversary. It was officially opened in April 2000 by Germany’s federal chancellor Gerhard Schröder.
At Drupa the same year, Heidelberg booked €1.5bn-worth of orders, the equivalent of around £1bn at the time. ....

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