Heidelberger Druckmaschinen AG Reports Q3 Sales and Adjusted EBITDA Margin Improvement
On Wednesday 12 February, 2025, Heidelberger Druckmaschinen AG (HEIDELBERG) released their key financial figures for the third quarter of financial year 2024/2025 (April 1 to December 31, 2024). The results were in line with the company’s expected developments and showed significant improvements compared to the previous year.
The adjusted EBITDA margin for the third quarter was 9.2 percent, a significant increase from the previous year’s 5.7 percent. This was due to high capacity utilization and cost-cutting measures. Sales for the third quarter matched the previous year at €594 million, while incoming orders increased by 8.3 percent to €550 million. This is a much better result compared to the mechanical and plant engineering sector as a whole. The EMEA region and Packaging Solutions segment were the biggest contributors to the increase in orders.
Jürgen Otto, CEO of HEIDELBERG, stated, “We have succeeded in continuously improving our sales and operating result quarter by quarter in a difficult economic environment. Thanks to our high order backlog, we can confirm that we will achieve our targets for the year.” He also mentioned that the company will continue to drive down costs and improve efficiency in the coming year, which will have a positive effect on profitability.
The company anticipates a clear increase in sales in the fourth quarter of the current financial year, thanks to strong order levels. The adjusted EBITDA after nine months was €86 million, and the adjusted EBITDA margin was 5.7 percent. The company expects the adjusted EBITDA margin to further improve to up to around 8 percent in the next financial year.
The Packaging segment saw a significant increase in incoming orders, up 11 percent to €959 million in the first three quarters. HEIDELBERG’s positioning as a systems integrator and total solution provider is helping to expand their strong position in the packaging market.
To continue their market position and expand into new areas, HEIDELBERG is focusing on growth potential in their core market, including packaging, digital printing, software solutions, and lifecycle business. They are also looking to expand into high-precision plant engineering and green technologies. The company sees overall growth potential of over €300 million in the medium term.
Despite the challenging economic environment, HEIDELBERG remains a leading technology company with a strong international presence in approximately 170 countries. With around 9,500 employees, the company is well-positioned for future growth.
For further information and image material, please visit the Investor Relations portal and Press Lounge of Heidelberger Druckmaschinen AG at www.heidelberg.com.
Corporate Communications
Thomas Fichtl
Phone: +49 6222 82-67123
E-mail: Thomas.Fichtl@heidelberg.com
Investor Relations
Maximilian Beyer
Phone: +49 6222 82-67120
E-mail: Maximilian.Beyer@heidelberg.com
Important note:
This press release contains forward-looking statements based on assumptions and estimates made by the management of Heidelberger Druckmaschinen Aktiengesellschaft. Even if the company management is of the opinion that these assumptions and estimates are accurate, actual future developments and future actual results may deviate considerably from these assumptions and estimates due to a variety of factors. These factors may include, for example, changes in the overall economic situation, exchange rates and interest rates as well as changes within the graphic arts industry. Heidelberger Druckmaschinen Aktiengesellschaft provides no guarantee and assumes no liability that future developments and the actual results achieved in the future will correspond to the assumptions and estimates made in this press release.
“We have succeeded in continuously improving our sales and operating result quarter by quarter in a difficult economic environment. Thanks to our high order backlog, we can confirm that we will achieve our targets for the year” said Jürgen Otto, CEO of HEIDELBERG. “And we will drive down costs further still in the coming year by implementing our plan for the future and boosting efficiency. This cost discipline will have a positive effect on our profitability, which should improve further in the next financial year.”
The company also confirmed their full-year forecast, expecting sales to match the previous year’s level of €2,395 million and the adjusted EBITDA margin to remain at 7.2 percent. With a strong order backlog and a focus on margins and costs, HEIDELBERG is well-positioned to achieve their targets.
About HEIDELBERG
Heidelberger Druckmaschinen AG (HEIDELBERG) is a leading technology company that has been standing for innovation, quality and reliability in mechanical engineering worldwide
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.