Assuming that the initiatives to increase margins in the Equipment area in particular and to optimize the portfolio take effect in the current financial year, the company continues to anticipate an operating margin on EBITDA of at least 8 percent of sales, adjusted for exchange rate effects, in financial year 2015/2016. The Heidelberg Equipment segment is expected to contribute within a range of 4 to 6 percent to this result and the Heidelberg Services segment 9 to 11 percent. In the Heidelberg Financial Services segment, the company will continue to primarily externalize customer financing. The segment should continue to provide a positive EBITDA contribution in the future.
Other dates:
The figures for the third quarter of financial year 2015/2016 are due to be published on February 10, 2016.
For additional details about the company and image material, please visit the Press Lounge of Heidelberger Druckmaschinen AG at http://www.heidelberg.com.
The report on the second quarter of financial year 2015/2016 can be accessed at http://www.heidelberg.com.
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
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Corporate Public Relations
Thomas Fichtl
Phone: +49-(0)6222-82-67123
Fax: +49-(0)6222-82-67129
E-mail: thomas.fichtl@heidelberg.com
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Investor Relations
Robin Karpp
Phone: +49-(0)6222-82-67120
Fax: +49-(0)6222-82-99 67120
E-mail: robin.karpp@heidelberg.com