HEIDELBERG sees clear increase in profitability in third quarter of financial year 2024/2025
Heidelberger Druckmaschinen AG (HEIDELBERG) reported a notable increase in profitability for the third quarter of the 2024/2025 financial year.
The company’s adjusted EBITDA margin rose to 9.2%, up from 5.7% in the same period last year, driven by high capacity utilization and cost-cutting measures. Sales for Q3 remained steady at €594 million, matching the previous year’s results, while incoming orders surged by 8.3% to €550 million.
“We have succeeded in continuously improving our sales and operating result quarter by quarter in a difficult economic environment,” said CEO Jürgen Otto. “Thanks to our high order backlog, we can confirm that we will achieve our targets for the year.”
The company is optimistic about the final quarter, with a strong order backlog of €903 million. Packaging continues to be a key growth driver, with orders up 15% in Q3. The company also sees growth potential in new technologies, including digital printing and green technologies, which could generate over €300 million in medium-term sales.
HEIDELBERG confirmed its full-year forecast, expecting sales to match the previous year’s €2.4 billion, and anticipates further improvements in profitability, with an adjusted EBITDA margin rising to 8% in FY 2025/2026.