Industry News, Printers News

Heidelberg Expecting Profitable Growth in FY 2021/2022 and Subsequent Years

Outlook for FY 2021/2022 predicts rise in sales to at least €2 billion, increase in EBITDA from 5% to between 6% and 7%, and slightly positive net result.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Given an improving order situation and the increasingly positive impact of the Group’s extensive transformation, Heidelberger Druckmaschinen AG (Heidelberg) is confident of returning to profitable growth in financial year 2021/2022 (April 1, 2021 to March 31, 2022). Despite the continuing uncertainties regarding the duration and scope of the negative effects of the COVID-19 pandemic in financial year 2021/2022, the company is therefore expecting sales to climb from €1,913 million to at least €2...

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