Heidelberg Achieves Net Profit After Taxes for First Half of Year (2)

As announced at the Annual Press Conference on June 8, 2017, the upturn in business that is typical of the second half of the year and the acquisitions that have already been completed are set to result in sales in financial year 2017/18 reaching the same level as the previous year. However, negative exchange rate effects in Asia in particular, the systematic reduction of trading activities with remarketed equipment, and the noticeable reluctance to invest on the North American market could have a dampening effect on order and sales volumes later in the financial year. After weighing up the opportunities and risks, Heidelberg still has its sights set on the targets for financial year 2017/18 as a whole. In financial year 2017/18, the company aims to achieve an EBITDA margin in the region of 7 to 7.5 percent through efficiency improvement measures. Compared to the previous year and factoring in a further improvement in the financial result, net profit after taxes is set to show a moderate increase.

As already announced, the strategic focus in the second half of the financial year will continue to be on initiating and implementing the strategic measures that form part of "Heidelberg goes digital" - strengthening the company's technology leadership, rapid digital transformation, and achieving operational excellence. Although these activities will not have a noticeable impact on operations in financial year 2017/18, they will play an important role in helping achieve the company's medium-term targets.

Image material, the interim report for the first half of financial year 2017/18, and additional information about the company are available in the Press Lounge of Heidelberger Druckmaschinen AG at http://www.heidelberg.com.

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Other dates: 

The scheduled publication date for the financial statements for the third quarter of 2017/18 is February 8, 2018.

Important note:  

This press release contains forward-looking statements based on assumptions and estimations by the Management Board of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the Management Board is of the opinion that those assumptions and estimations are realistic, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the macro-economic situation, in the exchange rates, in the interest rates and in the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft gives no warranty and does not assume liability for any damages in case the future development and the projected results do not correspond with the forward-looking statements contained in this press release.

Further information: Heidelberger Druckmaschinen AG Corporate Communications Thomas Fichtl Phone: +49-6222-82-67123 Fax: +49-6222-82-67129 E-mail: Thomas.Fichtl@heidelberg.com http://www.heidelberg.com Investor Relations Robin Karpp Phone: +49-6222-82-67120 Fax: +49-6222-82-99-67120 E-mail: robin.karpp@heidelberg.com