Brief: Heidelberger Druckmaschinen Q1 Adj Ebitda At Eur 42 Mln

Heidelberger Druckmaschinen AG

04/08/2023 06:30

Aug 4 (Reuters) - HEIDELBERGER DRUCKMASCHINEN AG
 HDDG.DE :
    * SALES IN Q1 CLIMBED Y/Y FROM EUR 530 MILLION TO EUR 544
MILLION
    * Q1 ADJUSTED EBITDA OF EUR 42 MILLION  (AROUND + EUR 18
MILLION
UP ON Q1 LAST YEAR)
    * Q1 NET RESULT AFTER TAXES EUR 10 MILLION (PREVIOUS YEAR:
EUR 5
MILLION)
    * Q1 ADJUSTED EBITDA MARGIN 7.7% (PREVIOUS YEAR Q1: 4.6%)
    * INCOMING ORDERS GREW STRONGLY IN ASIA BUT DEMAND IN OTHER
MARKETS WAS RATHER MUTED
    * FREE CASH FLOW AT EUR –27 MILLION
    * THE FORECAST FOR FY 2023/2024 REMAINS AS PUBLISHED ON JUNE
14,
2023

Further company coverage:  HDDG.DE 

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