Heidelberger Druckmaschinen AG
- WKN: 731400
- ISIN: DE0007314007
- Land: Deutschland
Nachricht vom 07.05.2019 | 18:25
Heidelberger Druckmaschinen AG: Heidelberg achieves targets for 2018/19 - growing economic risks slow down growth
Heidelberger Druckmaschinen AG / Key word(s): Preliminary Results/Forecast
Heidelberger Druckmaschinen AG (Heidelberg) achieved its operating targets in financial year 2018/19 (April 1, 2018 to March 31, 2019). Based on preliminary figures, group sales were reported at EUR 2,490 million - approximately 3 percent higher than the previous year. The company's core business developed positively, and the digital business model Subscription also grew as expected with around 30 contracts signed. At 7.2 percent, the operating profit margin based on EBITDA excluding restructuring result was within the target range. The profit after taxes climbed to EUR 21 million.
Due to the economic downturn, the trade disputes between the US and China and the Brexit, Heidelberg is adopting a cautious approach as the new financial year 2019/20 gets underway. The company expects to see a stable development in its core business and growth in the digital subscription model. However, with underlying economic conditions making companies more reluctant to invest in new technologies, expectations regarding a ramp-up in digital printing will need to be more conservative than was originally planned. Postpress sales will grow less due to the antitrust authorities' decision to block the takeover of MBO. Furthermore, the decline in the retail business with consumables is likely to be larger than anticipated. While the company expects a stable overall development in group sales and profitability in financial year 2019/20 compared to 2018/19, economic conditions are delaying medium-term growth prospects. Heidelberg expects sales to rise at a slower pace than previously planned, with a significantly higher proportion of the cyclically resistant contract business than at present. Contact: Heidelberger Druckmaschinen AG Corporate Public Relations Thomas Fichtl Phone: +49 (0)6222 82-67123 Fax: +49 (0)6222 82-67129 E-mail: thomas.fichtl@heidelberg.com Investor Relations Robin Karpp Phone: +49 (0)6222 82-67120 Fax: +49 (0)6222 82-99 67120 E-Mail: robin.karpp@heidelberg.com Important note: This press release contains forward-looking statements based on assumptions and estimations by the Management Board of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the Management Board is of the opinion that those assumptions and estimations are realistic, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the macroeconomic situation, in the exchange rates, in the interest rates, and in the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft gives no warranty and does not assume liability for any damages in case the future development and the projected results do not correspond with the forward-looking statements contained in this press release. Information and Explanation of the Issuer to this News: Heidelberg achieves targets for 2018/19 - growing economic risks slow down growth · Provisional group sales of EUR2,490 million for 2018/19 approximately 3 percent up on previous year · EBITDA margin of 7.2 percent within target range and slightly up on previous year · Cautious outlook for 2019/20 - sales and profitability forecast at previous year's level · Deterioration in underlying conditions delay medium-term growth targets · New digital business models, industrial digital print and sustainable cost efficiency to be vigorously pursued
07-May-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Heidelberger Druckmaschinen AG |
Kurfürsten-Anlage 52-60 | |
69115 Heidelberg | |
Germany | |
Phone: | +49 (0)6222 82-67121 |
Fax: | +49 (0)6222 82-67129 |
E-mail: | investorrelations@heidelberg.com |
Internet: | www.heidelberg.com |
ISIN: | DE0007314007 |
WKN: | 731400 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 808247 |
End of Announcement | DGAP News Service |
Interaktiv
Weitere News
GBC-Fokusbox

Northern Data: "Waren zum richtigen Zeitpunkt mit dem richtigen Konzept am Markt"
Kryptowährungen, allen voran Bitcoin, sind zuletzt mit deutlichen Steigerungen wieder in den Investorenfokus gerückt. Northern Data, ein Spezialist für High Performance Computing, zählt laut eigenen Angaben zu den weltweit führenden Anbietern für Infrastruktur im Bereich Bitcoin-Mining. Wir haben mit dem Gründer und CEO Aroosh Thillainathan über die Perspektiven für Bitcoin und die Wachstumsaussichten für die Northern Data gesprochen.
Der AKTIONÄR News

27. Januar 15:01 Die Watchlist der Profis (Teil 3) - Drägerwerk, Rocket Internet, ...
27. Januar 14:50 Angst vor der Fed? Dow und DAX lassen kräftig Federn
27. Januar 14:45 Silber: Autsch! Diese Silber-Aktie knickt ein
27. Januar 14:31 Amazon-Paket per Drohne? Tesla-Kultinvestor mit Hammer-Prognose für ...
27. Januar 14:22 BioNTech: Das kommt wie gerufen
Aktuelle Research-Studie
Original-Research: GBC Insider Focus Index (von GBC AG): GBC Insider Focus Index
27. Januar 2021