HEIDELBERG (dpa-AFX) - After another setback in the past fiscal year, machine manufacturer Heidelberger Druckmaschinen is hoping for a recovery. As the company announced on Thursday, sales are expected to rise to around €2.35 billion in the current 2025/26 fiscal year (ending in March), after falling by five percent to €2.28 billion last year, as previously announced. However, this year's sales target is below analysts' average expectations. The management team led by Jürgen Otto confirmed its profitability target, with the operating margin (adjusted EBITDA margin) set to rise from 7.1% to around 8%.
"Thanks to the rising order situation and positive momentum from the China Print trade fair, we expect a better start to the new fiscal year compared with last year," said David Schmedding, Chief Technology and Sales Officer.
In the past fiscal year, the group had already secured orders worth €2.43 billion, around 6 percent more than in the previous year.
However, adjusted earnings before interest, taxes, and depreciation fell by 6 percent to €162 million. Due in part to planned staff cuts, net profit plummeted by 87 percent to €5 million./tav/mis
