HEIDELBERG (dpa-AFX) - Machinery manufacturer Heidelberger Druck is cautious about its outlook for the new financial year (ending March) due to ongoing cost pressure. Sales and adjusted margin (Ebitda margin) are expected to remain at the previous year's level, the SDax group announced on Wednesday. The company thus expects to post a profit of around 2.435 billion and an adjusted operating margin of 7.2 percent.

The new fiscal year 2023/2024 will continue to be characterized by unusually challenging conditions such as rising costs for materials, energy and personnel, the Group added. The company intends to further compensate for these burdens through higher selling prices. The management largely confirmed the already known preliminary business figures for the past fiscal year (end of March)./mne/jha/