Heidelberg with a solid start to the new financial year - order backlog growing thanks to subscription model - Seite 3
Subscription model to play an ever-greater part in increasing net
sales and result
The strong demand for the new subscription model is undiminished
and has produced additional contracts in the quarter under review.
Numerous contracts are also in the pipeline at present. Given the
high level of interest international customers are showing in the
pay-per-use model that Heidelberg alone offers in the sector, the
target of a good 30 contracts for the current financial year is seen
as very realistic. This is equivalent to potential sales of
approximately EUR150 million over the contract period. The aim is to
conclude at least 250 contracts by 2022.
On the whole, Heidelberg is on course to achieve its targets for
2018/2019, although these new business achievements will have a
limited impact as they are still in their early stages. This strong
demand validates the Management Board's medium-term targets for the
period leading up to 2022, which are to see Group sales increase by
EUR500 million to around EUR3 billion, EBITDA go up to EUR250 - 300
million and net profit after taxes rise to at least EUR100 million.
Image material, the interim report for the first quarter of the
2018/2019 financial year, and additional information about the
company are available in the Press Lounge of Heidelberger
Druckmaschinen AG at www.heidelberg.com.
Heidelberg IR now on Twitter:
Link to the IR Twitter channel: https://twitter.com/Heidelberg_IR
On Twitter under the name: @Heidelberg_IR
Other dates:
The scheduled publication date for the financial statements for
the second quarter of 2018/2019 is November 8, 2018.
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 macro-economic situation, in the
exchange rates, in the interest rates and in the print media
industry. Heidelberger Druckmaschinen Aktien-gesellschaft 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.
Originaltext: Heidelberger Druckmaschinen AG
digital press kits: http://www.presseportal.de/nr/6678
press kits via RSS: http://www.presseportal.de/rss/pm_6678.rss2
ISIN: DE0007314007
Further information:
Heidelberger Druckmaschinen AG
Corporate Communications
Thomas Fichtl
Phone: +49 6222 82-67123
Fax: +49 6222 82-67129
E-mail: Thomas.Fichtl@heidelberg.com
Investor Relations
Robin Karpp
Phone: +49 6222 82-67120
Fax: +49 6222 82-99 67120
E-mail: robin.karpp@heidelberg.com
2018/2019 financial year, and additional information about the
company are available in the Press Lounge of Heidelberger
Druckmaschinen AG at www.heidelberg.com.
Heidelberg IR now on Twitter:
Link to the IR Twitter channel: https://twitter.com/Heidelberg_IR
On Twitter under the name: @Heidelberg_IR
Other dates:
The scheduled publication date for the financial statements for
the second quarter of 2018/2019 is November 8, 2018.
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 macro-economic situation, in the
exchange rates, in the interest rates and in the print media
industry. Heidelberger Druckmaschinen Aktien-gesellschaft 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.
Originaltext: Heidelberger Druckmaschinen AG
digital press kits: http://www.presseportal.de/nr/6678
press kits via RSS: http://www.presseportal.de/rss/pm_6678.rss2
ISIN: DE0007314007
Further information:
Heidelberger Druckmaschinen AG
Corporate Communications
Thomas Fichtl
Phone: +49 6222 82-67123
Fax: +49 6222 82-67129
E-mail: Thomas.Fichtl@heidelberg.com
Investor Relations
Robin Karpp
Phone: +49 6222 82-67120
Fax: +49 6222 82-99 67120
E-mail: robin.karpp@heidelberg.com
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