Industry News, Printers News

Heidelberg on Course for Growth

Targets for 2015/2016 achieved; sales nearly 8% up at €2,512 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Heidelberger Druckmaschinen AG (Heidelberg) set the course for growth and sustained profitability in financial year 2015/2016 (April 1, 2015 to March 31, 2016). The effects of the successful strategic reorientation over the past few years are being felt. The substantial increase in sales, the improvement in the EBITDA margin to nearly 8%, and the significant reduction in financing costs delivered the predicted clearly positive net profit after taxes in the year under review. A €100 million turna...

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