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     402  0 Kommentare 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
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