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Off to a good start: sales and EBITDA for first quarter up on previous year.
August 7, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
Heidelberger Druckmaschinen AG has made a good start to the new financial year thanks to the recovery in Asia and growth in the packaging segment. The technology company’s sales in the first three months (April 1 to June 30, 2023) climbed year-on-year from €530 million to €544 million. The adjusted operating result (EBITDA) of €42 million was around €18 million up on the adjusted figure for the corresponding quarter of the previous year. The corresponding EBITDA margin was 7.7 percent (previo...
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