Heidelberger Druckmaschinen Hits Targets, Successfully Closes Fiscal Year 2023/2024

• Heidelberger Druckmaschinen AG (HEIDELBERG) successfully closed the financial year 2023/2024, achieving its targets despite market challenges.
• The company maintained stable sales at around €2.4 billion and an adjusted EBITDA margin of 7.2 percent.
• The free cash flow reached around €50 million, marking the highest level in over 10 years.
• Despite a 6 percent decrease compared to the previous year, incoming orders were solid and better than the industry average due to HEIDELBERG's strong market position.
• The company is preparing for the upcoming drupa trade fair with technological innovations focused on automation, digitalization, and resource-efficient production.
• As part of its value enhancement program, HEIDELBERG has identified and is implementing over 250 measures to increase productivity and strengthen the financial base.

The next important date, Publication Annual Financial Report, at Heidelberger Druckmaschinen is on 11.06.2024.

The price of Heidelberger Druckmaschinen at the time of the news was 1,0045EUR and was up +0,95 % compared with the previous day.
15 minutes after the article was published, the price was 0,9880EUR this corresponds to a minus of -1,64 % since publication.
At this time, the index SDAX was at 15.073,21PKT (+1,35 %).

Heidelberger Druckmaschinen

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ISIN:DE0007314007WKN:731400

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