Industry News, Printers News

Heidelberg Achieves Targets for 2018/19

Provisional group sales of €2,490 million for 2018/19 approximately 3% up on previous year, with an EBITDA margin of 7.2%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Following a strong end to financial year 2018/19 (April 1, 2018 to March 31, 2019), Heidelberger Druckmaschinen AG achieved its operating targets. After submitting preliminary figures that have yet to be audited, group sales were reported at €2,490 million, or approximately 3% higher than the previous year (€2,420 million).   The company’s operating profit margin based on EBITDA excluding restructuring result was within the target range, at 7.2% (previous year 7.1%). According to these prelimi...

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