• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Top Companies
    • Printing Inks
    • Raw Materials
    • Equipment
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Exclusives
  • Top Companies
  • Printing Inks
  • Raw Materials
  • Equipment
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    eBook
    Top Features
    The Inkjet Ink Market in 2023

    The Pigment Market Continues to Grow in 2023

    TSCA and the Ink Industry

    Mike Oberski Receives NAPIM’s TAM Service Award

    Sustainability and Raw Materials
    Breaking News
    Distributor News
    Financial News
    Industry News
    Ink Manufacturers News
    Market Research
    Mergers and Acquisitions
    New Products
    Personnel
    Price Increases
    Printers News
    Suppliers News
    Live From Shows
    Video Bites
    Top News
    Crown Wins Multiple Awards for Innovative Designs Across Global Competitions

    Xerox Releases 4Q, Full-Year 2022 Results

    Electronics For Imaging Names Frank Pennisi as CEO

    Fiery to Separate from EFI, Remain Wholly-Owned by Siris

    Full Program for BIG IDEAS for UV+EB Technology 2023 Announced
    Whitepapers
    Glossary
    Top North American Companies
    Top International Companies
    Conductive Inks and Printed Electronics
    Graphic Arts Coatings
    Inkjet Inks and Toners
    Marking and Pad Printing Inks
    News Inks
    Packaging Flexo Inks
    Packaging Gravure Inks
    Publication Gravure Inks
    Publication Offset Inks
    Screen Inks
    Sheetfed Inks
    Specialty Inks
    UV and EB Inks

    Crown Wins Multiple Awards for Innovative Designs Across Global Competitions

    Xerox Releases 4Q, Full-Year 2022 Results

    Electronics For Imaging Names Frank Pennisi as CEO

    Fiery to Separate from EFI, Remain Wholly-Owned by Siris

    Full Program for BIG IDEAS for UV+EB Technology 2023 Announced
    Additives
    Energy-Curable Materials
    Flushed Colors and Pigments
    Metallics and Special Effects Pigments
    Resins
    Vehicles and Varnishes
    Waxes

    Full Program for BIG IDEAS for UV+EB Technology 2023 Announced

    The Pigment Market Continues to Grow in 2023

    Eco Friendly PTFE Alternatives For Printing Inks

    Pigments and Sustainability in the Ink Industry

    BASF’s Monomers Division Announces Sustainability Roadmap
    Energy-Curing Equipment
    Mills and Mixers
    Testing, Color and QC

    Full Program for BIG IDEAS for UV+EB Technology 2023 Announced

    The 2023 Ink Equipment Report

    RadTech Announces New President, President-Elect and Board Members

    ROSS Highlights FDA-3500 Dual Shaft Mixer

    X-Rite Announces New Ci7830 and Ci7630 Reflectance Benchtop Spectrophotometers
    Buyers Guide
    Distributor Guide
    European Ink Directory
    U.S. Ink Directory
    International Buyers Guide Companies
    Specialty Polymers, Inc.

    Brilliant Group, Inc.

    Evonik Corporation

    Pan Technology, Inc.

    ROSS Mixers
    Industry Events
    Live from Show Event
    Webinars
    Top Events
    Eastern Coatings Show 2023
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directory
      • Buyers Guide
      • Distributor Guide
      • European Ink Directory
      • U.S. Ink Directory
      • Trade Associations
    • Printing Inks
      • Conductive Inks and Printed Electronics
      • Graphic Arts Coatings
      • Inkjet Inks and Toners
      • Marking and Pad Printing Inks
      • News Inks
      • Packaging Flexo Inks
      • Packaging Gravure Inks
      • Publication Gravure Inks
      • Publication Offset Inks
      • Screen Inks
      • Sheetfed Inks
      • Specialty Inks
      • UV and EB Inks
    • Raw Materials
      • Additives
      • Energy-Curable Materials
      • Flushed Colors and Pigments
      • Metallics and Special Effects Pigments
      • Resins
      • Vehicles and Varnishes
      • Waxes
    • Equipment
      • Energy-Curing Equipment
      • Mills and Mixers
      • Testing, Color and QC
    • Top Companies
      • Top North American Companies
      • Top International Companies
    • Glossary
    • Online Exclusives
    • Slideshows
    • Expert's Opinion
    • Videos
    • Podcasts
    • eBook
    • Blog
    • Infographics
    • Whitepapers
    • Jobs
    • Supplier Microsites
      • Companies
      • Literature / Brochures
      • Whitepapers
      • Product Spec Sheets
      • Videos
      • Jobs
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Heidelberg Expecting Profitable Growth in FY 2021/2022 and Subsequent Years

    Outlook for FY 2021/2022 predicts rise in sales to at least €2 billion, increase in EBITDA from 5% to between 6% and 7%, and slightly positive net result.

    Heidelberg Expecting Profitable Growth in FY 2021/2022 and Subsequent Years
    Heidelberg sheetfed offset assembly in Wiesloch-Walldorf well utilized. (Source: Heidelberg)
    Related CONTENT
    • PRINTING United Expo 2023
    • C. Withington Co. Inc.
    • Crown Elevates Emissions Reduction Initiatives by Signing the Climate Pledge
    • Flint CPS’ Global Commercial Leadership Team Reflect on Challenging Market Conditions
    • UFlex Joins Alliance to End Plastic Waste
    06.09.21
    Given an improving order situation and the increasingly positive impact of the Group’s extensive transformation, Heidelberger Druckmaschinen AG (Heidelberg) is confident of returning to profitable growth in financial year 2021/2022 (April 1, 2021 to March 31, 2022).

    Despite the continuing uncertainties regarding the duration and scope of the negative effects of the COVID-19 pandemic in financial year 2021/2022, the company is therefore expecting sales to climb from €1,913 million to at least €2 billion.

    “The comprehensive transformation Heidelberg initiated before the coronavirus pandemic hit has made the company leaner and more efficient. Given that demand is now also definitely picking up again in most key sales regions, we’re expecting to achieve a far better operating margin this year, including a slightly positive net result after taxes. The considerable growth potential offered by packaging printing, digital business models, business in China, and new technologies such as wallboxes is also making us confident about the years ahead,” said Heidelberg CEO Rainer Hundsdörfer.

    The company predicts that profitability will grow even more strongly than sales. For example, the expected increase in sales, the lower cost base, and the fact that significant restructuring costs of some 5% (including restructuring result) will no longer need to be met means the EBITDA margin is set to increase to between 6 and 7%. After two years of losses, a positive net result after taxes is also likely to be achieved thanks to a sustained improvement in the financial result.

    Cost savings totaling €170 million are expected to have taken full effect in financial year 2022/2023 and the Group’s operating break-even point is likely to have decreased to around €1.9 billion.

    “We’re delighted that all our efforts during the crisis in financial year 2020/2021 are now bearing fruit. Heidelberg is back on a solid financial footing, is fully focused, has become far more efficient, and is benefiting from excellent growth potential in various regions and areas of business,” added CFO Marcus A. Wassenberg.

    Thanks to a strong final quarter, Heidelberg generated sales of €1,913 million in financial year 2020/2021, which was slightly above the range of €1.85 billion to €1.90 billion that had been adjusted in the third quarter of financial year 2020/2021. As already announced, the pandemic has resulted in the company failing by some margin to match the previous year’s figure (€2,349 million).

    Due to an uptick in demand – in particular in China, parts of Europe, and in the final quarter in the United States as well – incoming orders increased to around €2 billion at the end of the financial year. In the fourth quarter alone, incoming orders improved very significantly, from €462 million in the same quarter of the previous year to €579 million. This increased the order backlog to €636 million, which creates a good basis for the new financial year.

    EBITDA excluding restructuring result in financial year 2020/2021 stood at €146 million, a clear improvement on the previous year (€102 million). At 7.6%, the EBITDA margin excluding restructuring result exceeded the company’s own forecast of around 7% and the previous year’s figure of 4.3%.

    While packaging printing quickly returned to pre-crisis levels and is set to see further growth, advertising printing is likely to take longer to recover from the impact of the pandemic. All in all, Heidelberg does not expect the global print volume to fully return to pre-pandemic levels just yet.
    Related Searches
    • UV and EB Inks
    • Sheetfed Inks
    • Publication Offset Inks
    • Inkjet Inks and Toners
    Related Knowledge Center
    • UV and EB Inks
    • Publication Offset Inks
    • Inkjet Inks and Toners
    Suggested For You
    PRINTING United Expo 2023 PRINTING United Expo 2023
    C. Withington Co. Inc. C. Withington Co. Inc.
    Crown Elevates Emissions Reduction Initiatives by Signing the Climate Pledge Crown Elevates Emissions Reduction Initiatives by Signing the Climate Pledge
    Flint CPS’ Global Commercial Leadership Team Reflect on Challenging Market Conditions Flint CPS’ Global Commercial Leadership Team Reflect on Challenging Market Conditions
    UFlex Joins Alliance to End Plastic Waste UFlex Joins Alliance to End Plastic Waste
    Xerox Promotes Deena LaMarque Piquion to Chief Marketing Officer Xerox Promotes Deena LaMarque Piquion to Chief Marketing Officer
    Sun Chemical to Increase Prices on Inks, Coatings, and Adhesives in North America Sun Chemical to Increase Prices on Inks, Coatings, and Adhesives in North America
    Resino Heads to PACK EXPO Resino Heads to PACK EXPO
    Demand for Sustainable Print Technologies Creates New Opportunities Demand for Sustainable Print Technologies Creates New Opportunities
    Metal Ink Presentations Headline INX International’s Participation at Latamcan Metal Ink Presentations Headline INX International’s Participation at Latamcan
    Bobst Highlighting Newest Technologies at FTA Fall Conference and INFOFLEX Bobst Highlighting Newest Technologies at FTA Fall Conference and INFOFLEX
    Avient Acquires Magna Colours, Adds to Screen Ink and Sustainability Portfolio Avient Acquires Magna Colours, Adds to Screen Ink and Sustainability Portfolio
    Day International Issues Price Increases for Printing Blankets Day International Issues Price Increases for Printing Blankets
    Techblick Articles Discuss Innovation Trends in Printed, Hybrid, In-Mold, 3D Electronics Techblick Articles Discuss Innovation Trends in Printed, Hybrid, In-Mold, 3D Electronics
    Kornit Digital Acquires Voxel8, Expands Additive Manufacturing Portfolio Kornit Digital Acquires Voxel8, Expands Additive Manufacturing Portfolio

    Related Industry Events

    • PRINTING United Expo 2023

      ...
      12.27.22

    • C. Withington Co. Inc.

      ...
      C. Withington Co. Inc., C. Withington Co. Inc. 07.27.22

    • Breaking News | Printers News | Specialty Inks
      Crown Elevates Emissions Reduction Initiatives by Signing the Climate Pledge

      Crown Elevates Emissions Reduction Initiatives by Signing the Climate Pledge

      Crown joins more than 200 global organizations, including Amazon, in a commitment to become net-zero carbon by 2040.
      09.23.21


    • Breaking News | Ink Manufacturers News | Price Increases
      Flint CPS’ Global Commercial Leadership Team Reflect on Challenging Market Conditions

      Flint CPS’ Global Commercial Leadership Team Reflect on Challenging Market Conditions

      The ink and print industries continue to face challenges surrounding rapidly increasing costs, increased demand for raw materials and shortages.
      09.22.21

    • Breaking News | Ink Manufacturers News | Printers News | UV and EB Inks
      UFlex Joins Alliance to End Plastic Waste

      UFlex Joins Alliance to End Plastic Waste

      Strengthens UFlex’s global mission of building a circular plastic economy.
      09.21.21

    Loading, Please Wait..
    Trending
    • Ink Industry Mourns George Willock
    • The Key Ingredients To Ink
    • Fiery To Separate From EFI, Remain Wholly-Owned By Siris
    • Electronics For Imaging Names Frank Pennisi As CEO
    • Heidelberg Is Launching Energy Efficiency Campaign For Print Shops
    Breaking News
    • Crown Wins Multiple Awards for Innovative Designs Across Global Competitions
    • Xerox Releases 4Q, Full-Year 2022 Results
    • Electronics For Imaging Names Frank Pennisi as CEO
    • Fiery to Separate from EFI, Remain Wholly-Owned by Siris
    • Full Program for BIG IDEAS for UV+EB Technology 2023 Announced
    View Breaking News >
    CURRENT ISSUE

    October 2022

    • 2023 Buyers’ Guide
    • Raw Materials in 2022
    • The 2022 Digital Textile Ink Market
    • The Asia Pacific Ink Market Continues to Grow
    • Azelis Mexico Dedicates Innovation Center
    • Kodak Continues to Grow in Digital Printing
    • What's Next in Packaging and Food Contact Materials?
    • Africa’s Pharmaceutical Packaging, Inks Set for Growth
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Probiotics Supplementation Reduces Complications in Colorectal Cancer Patients
    Vitamin D Supplementation Reduces Risk of Dynapenia
    Sustained-Release Caffeine Ingredient Offers Mood, Performance Benefits
    Coatings World

    Latest Breaking News From Coatings World

    Epoxytec Announces New Website Launch
    Paints and Coatings Market Worth $212B by 2026: MarketsandMarkets
    Axalta Releases Fourth Quarter and Full Year 2022 Results
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    BMP Medical Expands Sterling, Massachusetts Facility
    Abbott's Proclaim XR SCS OK'ed for Diabetic Neuropathy
    Environmental Sustainability Becoming Increasingly Important to Medtech Industry
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Pasithea Signs CMC Development and Manufacturing Agreement
    Experic Expands Analytical Capabilities and Facilities
    List Labs Expands Manufacturing Capacity
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Haircare Brand Uncle Funky’s Daughter Announces Retail Expansion
    TRESemmé Introduces New Pro Infusion Collection
    Walgreens Boots Alliance Shares 2022 ESG Report
    Happi

    Latest Breaking News From Happi

    Florida Woman Patents Cleansing Cream for Intimate Areas
    Mary Kay Develops Sensitive Skin Composition To Treat Oxidative Damage
    KimChi Beauty Launches Spinning Hearts Love Line Ahead of Valentine’s Day
    Ink World

    Latest Breaking News From Ink World

    Crown Wins Multiple Awards for Innovative Designs Across Global Competitions
    Xerox Releases 4Q, Full-Year 2022 Results
    Electronics For Imaging Names Frank Pennisi as CEO
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    EFI appoints Frank Pennisi CEO, Fiery now an independent business
    Bobst boosts senior sales team with Keith Nagle
    Penmar Industries adds Screen Truepress Jet L350UV SAI digital press
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Essity’s Sales Grow
    Thinx to Pay up to $5 million to Settle Class Action Suit
    Typar Highlighting New Building Innovations
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Orthofix Launches the Mariner Deformity System
    Tyber Medical Hires 2 New Execs
    Miach Ortho Raises $40M in Series B Funding
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Stuart Achieves 70% Warehouse Productivity Gains with Zebra
    STMicroelectronics Reports Q4, FY 2022 Financial Results
    Flex Reports 3Q Fiscal 2023 Results

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login