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10 February 2022
Heidelberg Sales Up By 21%
HEIDELBERG , GERMANY—
Heidelberg increases operating profitability in third quarter – high order backlog provides strong starting point for coming financial year. Highlights include : Incoming orders after nine months up by a third to $2,738 million CDN, with Q3 figure of $932 million CDN 16 percent higher than in previous year. Order backlog of $1,379 million CDN above pre-pandemic level. Sales after three quarters increase by 21 percent to $2,269 CDN million and Q3 level 20 percent higher than in previous year at $844 million CDN .
Net financial debt almost completely eliminated. Sales forecast for financial year 2021/2022 specified to at least $3 billion CDN and EBITDA margin of between 7 and 7.5 percent confirmed. Overall, we are well positioned for the future. Moreover, the healthy order backlog creates a sound basis as we look toward the start of financial year 2022/2023,” comments Rainer Hundsdörfer, CEO of Heidelberg.
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Heidelberg's mail plant in Germany
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Rainer Hundsdorfer CEO of Heidelberg
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