HEIDELBERG Reports Robust Q1 2024/2025 Order Volume Following drupa Success, Reaffirms Annual Forecast
SHERIDAN, WYOMING – August 4, 2024 – Heidelberger Druckmaschinen AG (HEIDELBERG), a global leader in printing technologies, announced a significant increase in order intake for the first quarter of fiscal year 2024/2025,driven by the highly successful drupa trade show. The company reported an order volume of €701 million, exceeding its own projections of €650 million and marking the highest order value since 2016.
Strong Order Backlog Supports Positive Outlook
This substantial order intake has resulted in a robust order backlog of €923 million, providing a solid foundation for revenue growth throughout the remainder of the fiscal year. While Q1 revenue was impacted by pre-drupa purchasing restraint, HEIDELBERG remains confident in its ability to deliver improved financial performance in the coming quarters.