Heidelberger Druckmaschinen AG (Heidelberg), a leading technology company in the field of mechanical engineering, published its key data for the first nine months of the budgetary year 2024/2025 (from April 1 to December 31, 2024) and the third quarter (October 1, December 31, December 31, December 31, December 31, December 31, 2024). These numbers comply with the expected changes transferred by the company. In the third quarter of this budget year, a significant improvement in key operational results was noted in comparison with the first six months and equivalent quarter of the previous year. The corrected EBITDA margin for the third quarter was 9.2 percent, which is a significant increase in 5.7 percent in the equivalent quarter of the previous year, because of the use of high capability and intensifying measures of reduction of costs. Sales also increased by a budget quarter, with EUR 594 million in the third quarter correspond to the number in the equivalent quarter of the previous year. Incoming orders increased by 8.3 percent to EUR 550 million in the third quarter, significantly better than current changes in the mechanical engineering and engineering sector as a whole. The company also has a high arrears of 903 million euros, indicating a strong last quarter.
Jürgen Otto, general director of Heidelberg, said: “We were able to constantly improve our sales quarter and operational results by a quarter in a difficult economic environment. Thanks to our high -order arrears, we can confirm that we will achieve our goals for a year. “He also mentioned that the company would proceed to cut back costs and improve performance in the coming year, which could have a positive effect on profitability.
Based on the strong level of orders, Heidelberg provides for a clear increase in sales in the fourth quarter of this budget year. The corrected EBITDA after nine months amounted to EUR 86 million, and the corrected EBITDA margin was 5.7 percent. This is as a result of the low sales volume in the first quarter and related high losses. However, the company expects a significant increase in sales in the last quarter, which led to an improvement in the corrected EBITDA margin by about 8 percent in the following budget year.
The packaging segment was a significant driving force for Heidelberg, with incoming orders increased by about 11 percent to EUR 959 million in the first three quarters and 15 percent in the third quarter. According to David Schmeding, technology and sales director at Heidelberg, positioning the company as an integrator of systems and repair providers of a total solution allowed them to expand their strong position on the packaging market. He also mentioned that printing packaging is the current growth sector for the printing industry, and Heidelberg is continually expanding its portfolio in this market.
To expand its market position much more, Heidelberg uses growth potential on his basic market, including packaging and digital printing, software solutions and life cycle activities. The company also goals to develop to recent business areas, equivalent to the plant engineering and green technologies.
Based on the strategic initiatives, Heidelberg sees the overall growth potential of over EUR 300 million in the medium period. Taking into consideration its expectations and preliminary conditions, the company predicts that sales for a budget year 2024/2025 will match the level of the previous year, and the corrected EBITDA margin will improve to about 8 percent over the following budget year.
Heidelberger Druckmaschinen AG has been a leading technology company for 175 years, specializing in innovations, quality and reliability of mechanical engineering around the world. Thanks to the strong international presence, the company is well prepared for future growth in its basic areas and expansion to recent business areas.