news aktuell GmbH

Highly successful showing at drupa makes HEIDELBERG confident about prospects for financial year 2024/2025

  • Targets for financial year 2023/2024 achieved – sales and adjusted
    EBITDA margin stable at € 2.4 billion and 7.2 percent respectively
  • Free cash flow excluding special items at highest level for over ten years
  • Incoming orders recover thanks to drupa printing trade show
  • Collaboration with Canon in growing industrial inkjet printing sector
  • Outlook for FY 2024/2025 – sales and EBITDA to match previous year’s level despite economic policy uncertainties

                                  - Picture is available at AP -

A successful end to financial year 2023/2024 has seen Heidelberger Druckmaschinen AG (HEIDELBERG) meet its targets. As planned, sales remained stable at around € 2.4 billion (previous year: € 2.435 billion). An adjusted EBITDA margin of 7.2 percent was also maintained. Following its highly successful showing at the drupa trade show, the company is confident about the prospects for financial year 2024/2025. The high level of interest in HEIDELBERG innovations from customers worldwide has led incoming orders to recover further still at the start of the new financial year. What’s more, the industrial inkjet printing collaboration with Canon that was announced in Düsseldorf is set to open up new growth areas. Overall, despite economic policy uncertainties, HEIDELBERG is expecting sales and the EBITDA margin for financial year 2024/2025 to match the previous year’s level.

“We have taken a big step toward our goal of achieving sustainable profitability at HEIDELBERG. Even in economically uncertain times, we have remained resolutely on track, which gives us confidence,” says HEIDELBERG CEO Dr. Ludwin Monz. “Moving forward, we are looking to open up further growth markets thanks to our collaboration with Canon in the industrial inkjet printing sector,” he adds. 

Targets for financial year 2023/2024 achieved – sales and adjusted EBITDA margin stable at € 2.4 billion and 7.2 percent respectively

Despite the difficult economic and geopolitical conditions and higher material, energy, and personnel costs, HEIDELBERG has met its targets for financial year 2023/2024. As planned, sales remained stable at around € 2.4 billion (previous year: € 2.435 billion). An adjusted EBITDA margin of 7.2 percent was also maintained. The free cash flow of € 56 million did not include any special items in the reporting year, such as the sale of non-operating assets. Adjusting the previous years’ free cash flow results for special items, the free cash flow for the financial year just closed is therefore the highest in over ten years. These figures highlight the success of the value creation program, which has improved the company’s financial resilience.

“Despite difficult economic conditions, we have achieved our targets for the year. HEIDELBERG has performed solidly in financial terms. Our value creation program is a key step in creating a more future-proof company. In economically uncertain times, we are expecting stable business development,” says HEIDELBERG CFO Tania von der Goltz.

In the context of its value creation program, HEIDELBERG has identified over 250 measures to boost productivity and strengthen its financial basis. Implementation is ongoing. The prompt introduction of measures during the financial year just closed successfully compensated for the considerable pressures resulting from the downturn in demand and rising costs. Measures to optimize the net working capital also had a positive impact on the free cash flow.

Packaging printing the largest area of business at HEIDELBERG

Since financial year 2023/2024, when it accounted for 52 percent of sales, the Packaging Solutions segment has been the largest area of business at HEIDELBERG. Its sales were roughly 7 percent up on the previous year at around € 1.2 billion.

Incoming orders recover thanks to drupa printing trade show

Customers from all over the world showed great interest in the company's trade fair stand and invested in the innovations presented. The large number of orders from the drupa trade fair led to a recovery in incoming orders at HEIDELBERG at the start of the new 2024/2025 financial year, which is expected to reach around € 650 million in the first quarter of 2024/2025. Due to better utilization of production capacities, short-time work at the German sites will end as early as June 2024.

Outlook for financial year 2024/2025

Assuming the global economy does not see weaker growth than predicted by the relevant institutions, HEIDELBERG is expecting sales in financial year 2024/2025 to match the previous year’s figure 2023/2024 (€ 2.4 billion). A further supposition in this context is that there will be no substantial changes in key exchange rates for the company’s business activities. The adjusted EBITDA margin is also expected to remain at the previous year’s level 2023/2024 (7.2 percent).

Image material and further information about the company are available in the Investor Relations portal and Press Lounge of Heidelberger Druckmaschinen AG at

Important note:
This release contains forward-looking statements based on assumptions and estimates by the management of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the management is of the opinion that these assumptions and estimates are accurate, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the overall economic situation, in exchange and interest rates, and within the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft provides no guarantee and assumes no liability for future developments and results deviating from the assumptions and estimates made in this press release.



Subscribe to releases from news aktuell GmbH

Subscribe to all the latest releases from news aktuell GmbH by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from news aktuell GmbH

FitLine blir officiell partner till ATP-touren18.7.2024 08:38:26 CEST | Press release

London/Schengen, 18 juli 2024 FitLine är stolta över att tillkännage ett nytt flerårigt partnerskap med världens tennistour i toppklass för män. Atleterna kommer att dra nytta av FitLine-produkterna, med varumärket som den nya officiella sportnäringspartnern och den officiella energibarpartnern för ATP-touren. ATP Tour valde FitLine som sin nya officiella partner på grund av det gemensamma engagemanget för att stödja atletisk prestation och ren sport, både för professionella och fritidsidrottare. "Vi är glada över att välkomna Fitline till ATP Tours partnerlista. Synergierna mellan våra varumärken är uppenbara, med båda organisationerna dedikerade till att optimera atletisk prestation”, säger Massimo Calvelli, ATP:s VD. "Detta partnerskap återspeglar ATP Tours vädjan till globala partners och vår styrka i att engagera fans digitalt." FitLines premiumprodukter är utvecklade och exklusivt distribuerade av PM-International. VD, Rolf Sorg, tillade: "Genom vårt partnerskap med ATP Tour är v

eM Client email app launches groundbreaking version 10 with AI support17.7.2024 14:36:00 CEST | Press release

Prague - 17.7.2024 - The Czech company eM Client releases a new version of the eponymous application for Windows, Mac, Android and iOS. eM Client is a popular tool for managing (not only) emails, which has become the main challenger to Microsoft Outlook for both end users and businesses. Version 10 brings the largest number of new features and improvements in the history of the product. eM Client now includes full AI integration (via ChatGPT), which makes it easier for users to write messages and allows for quick text editing such as shortening, lengthening, changing tone, proofreading, summarizing and much more. Working with email has never been so efficient. Another new feature is the automatic sorting of inbox messages into categories. This feature (especially with its wide customization options) allows users to focus on those messages that are really important. A huge innovation is the redesigned chat interface, which now supports modern group communication platforms such as MS Tea

Grünenthal announces significant investments in its Latin America production sites, further securing reliable medicine supply for patients.17.7.2024 09:52:50 CEST | Press release

Investment of more than €80 million to modernise Latin American production sites. In Santiago de Chile, a 3,500-square-metre solids plant has been completely refurbished, creating a world-class manufacturing facility with a production capacity of 1.8 billion tablets annually. In Quito, Ecuador, a new 1,800-square-metre plant will enable the production of 300 million high-quality tablets annually for pain patients in 17 European countries.

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
HiddenA line styled icon from Orion Icon Library.Eye