Brief: Heidelberger Druckmaschinen Q1 EBITDA Up At EUR 35 Mln

Heidelberger Druckmaschinen AG

10/08/2022 06:11

Aug 10 (Reuters) - HEIDELBERGER DRUCKMASCHINEN AG  HDDG.DE :
    * Q1 SALES SHOW CLEAR GROWTH, RISING BY SOME 20 PERCENT TO
€530
MILLION
    * HIGH CUSTOMER DEMAND RESULTS IN INCOMING ORDERS WORTH €607
MILLION IN Q1
    * LARGE ORDER BACKLOG OF €969 MILLION PROVIDES SOUND BASIS
FOR THE
REST OF THE FINANCIAL YEAR IN Q1
    * Q1 EBITDA INCREASES BY €20 MILLION TO €35 MILLION
    * Q1 POSITIVE NET RESULT AFTER TAXES: €5 MILLION
    * FORECAST FOR 2022/23 FINANCIAL YEAR CONFIRMED
    * ALL SEGMENTS INCREASED THEIR SALES DURING THE FIRST
QUARTER
    * Q1 AFTER THREE MONTHS, A CLOSE TO BREAK-EVEN FREE CASH
FLOW
SITUATION WAS ACHIEVED, WITH A FIGURE OF €–1 MILLION (PREVIOUS
YEAR: €29 MILLION).

Further company coverage:  HDDG.DE 

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