Industry News, Printers News

Heidelberg Reports Strong 2022/23 Financial Year

The company generated sales of €2.435 billion compared with €2.183 billion in the previous year, which represents an increase of approximately 12%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Heidelberg has announced it has exceeded its targets in the challenging financial year 2022/2023. The company generated sales of €2.435 billion compared with €2.183 billion in the previous year, which represents an increase of around 12%. The adjusted operating result rose from 5.1% to 7.2%. The free cash flow was positive at €72 million, but this figure benefited from non-recurring effects. “We achieved a good outcome in a challenging environment in the financial year just closed. The compan...

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