Industry News, Printers News

Heidelberg Confirms Forecast in Challenging Climate

The press manufacturer achieved sales of €1.686 billion, thanks primarily to growth in the packaging segment.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The development of sales and EBITDA at Heidelberger Druckmaschinen AG (Heidelberg) is within the expected range for financial year 2023/2024. After three quarters (April 1 – Dec. 31, 2023), the technology company achieved sales of €1.686 billion, thanks primarily to growth in the packaging segment. Following adjustment for exchange rate movements, this figure matches the previous year’s level (€1.729 billion). The adjusted operating result (EBITDA) was an improvement on the same period of the...

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