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EBITDA margin excluding restructuring result at 7.6% better than forecast, with positive free cash flow and low net financial debt.
May 3, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
Heidelberger Druckmaschinen AG had an excellent FY 2020-2021. According to unaudited preliminary figures, Heidelberg exceeded its own forecast in terms of net sales and operating margin for the financial year just ended (April 1, 2020 to March 31, 2021). Thanks to a strong final quarter, sales of approximately €1.913 billion were slightly above the forecast range of €1.85 billion to €1.9 billion. Due to rising demand particularly in China, parts of Europe and, in the final quarter, also in the ...
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