Industry News, Printers News

Heidelberg Achieves Targets for 2016/2017

Records significant net profit after taxes following best quarter since 2008.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

In the final quarter of financial year 2016/2017 (Jan. 1, 2017 to March 31, 2017), Heidelberger Druckmaschinen AG (Heidelberg) recorded its best sales and result since 2008. With a further improvement in the net profit after taxes to €36 million (previous year: €28 million) – based on preliminary figures – the Group has achieved the stated objective for the year as a whole of a sustained return to profitability.   The improvement of nearly €60 million in the free cash flow to €24 million also ...

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