Industry News, Printers News

Heidelberg Increases Net Result in 2Q 2016/2017

EBITDA excluding special items increased from €33 million to €44 million, with a positive net result of €9 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

During the second quarter (July 1 to Sept.30, 2016) of financial year 2016/2017, Heidelberger Druckmaschinen AG significantly increased its operating result compared to the previous year, and also achieved a clearly positive net result after taxes. After the first six months, the result was still below the previous year’s figures due to sales and the costs associated with the drupa trade show.   However, as a result of drupa, incoming orders (up around 6%) and the order backlog (up 19%) were i...

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