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4 August 2021
Heidelberg Orders Jump By 89%
HEIDELBERG , GERMANY—
Heidelberg has reported “a broad market recovery in virtually all regions” in the first quarter , and has reiterated its growth forecasts for the full year. In the three months to 30 June incoming orders rocketed by 89% to €652m , helped by the firm’s strong performance in the crucial Chinese market with a raft of orders taken at China Print in June. The business expects to achieve sales of around €2bn for the full year (2020/21: €1.913bn).
Heidelberg has been using its new segment structure: Print Solutions, Packaging Solutions, and Technology Solutions since 1 April. Heidelberg has said that it expects to make further gains from asset sales in the next year . CEO Rainer Hundsdörfer commented: “As demonstrated by our encouraging initial quarter of financial year 2021/22, Heidelberg is really delivering!
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