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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
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