Last updateTer, 17 Set 2019 5am

Successful start to financial year 2015/2016 for Heidelberg - strategic reorientation is taking effect

  • Improved order situation and exchange rate movements affect sales and incoming orders in first quarter
  • EBITDA increases to € 46 million, including non-recurring effect from PSG takeover
  • EBIT improves to € 13 million; income from PSG takeover compensates for special items
  • Equity ratio climbs to around 15 percent
  • Syndicated credit line extended early to mid-2019
  • Outlook: Well on way to achieving targets for year

Heidelberg committed to growth – company assumes new strategic alignment

  • Investment in services, consumables, and digital printing will lead to future growth
  • Operating margin (EBITDA margin excluding special effects) slightly higher despite comprehensive portfolio optimization
  • Low leverage (<2) and long-term financing framework lay the foundations for further strategic reorientation
  • Outlook for 2015/2016: Sales increase of 2 to 4 percent forecast, with target EBITDA margin of at least 8 percent
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