COVID-19 had a major impact on printing equipment sales, Heidelberger Druckmaschinen AG (Heidelberg) has come through the pandemic well. While sales are down approximately $500 million, the company EBIDTA margin is higher and it has positive cash flow. Seeing growing demand from China and, since the third quarter, from Europe, Heidelberg is raising its target operating return for financial year 2020/21 as a whole. The company notes that print volumes among Heidelberg customers have almost reach...