Heidelberger Druckmaschinen AG (HEIDELBERG) has released a positive financial report for the first quarter of the fiscal year 2025/2026. The company reported a significant increase in sales and adjusted EBITDA margin, with solid incoming orders indicating a promising future for the business. The company also confirmed its full-year forecast for the fiscal year.
According to the report, the company’s sales for the first quarter were €466 million, a significant increase from the previous year’s figure of €403 million. Europe and Asia were the primary contributors to this growth, demonstrating the company’s strong position in these markets. The adjusted operating result (EBITDA) also improved significantly, reaching €20 million compared to the previous year’s € -9 million. This resulted in an adjusted EBITDA margin of 4.4%, a significant increase from the previous year’s -2.3%.
“The healthy order backlog from the previous year and our global market position have allowed us to make a strong start to the new fiscal year,” said Jürgen Otto, CEO of HEIDELBERG. “With strategic measures in our core business and new opportunities in the Technology segment, we are confident about the prospects for the year ahead.”
Although the company reported a negative free cash flow, it was significantly improved from the previous year due to cost-cutting measures. The company reported a net result after taxes of €-11 million, a significant improvement from the previous year’s €-42 million.
HEIDELBERG has also announced a Memorandum of Understanding (MoU) with defense specialist VINCORION Advanced Systems GmbH. This partnership will see HEIDELBERG venture into the defense market by developing and producing power control and distribution systems for VINCORION. The company hopes to establish itself as a reliable partner in this sector and expand its role within the defense industry.
In line with its focus on growth, HEIDELBERG has also restructured its reporting, dividing it into three segments: Print & Packaging Equipment, Digital Solutions & Lifecycle, and HEIDELBERG Technology. The company’s sales in the Print & Packaging Equipment segment increased by 42%, while sales in the Digital Solutions & Lifecycle segment remained stable. The HEIDELBERG Technology segment reported sales at the same level as the previous year.
“Packaging printing continues to be a growth driver for our business,” said David Schmedding, Chief Technology & Sales Officer at HEIDELBERG. “This highlights our strategy to continuously expand our portfolio as a systems integrator for this key market segment.”
The company confirmed its full-year forecast, expecting sales of around €2,350 million and an adjusted EBITDA margin of 8%.
HEIDELBERG has been a leading technology company in the mechanical engineering industry for 175 years, focusing on growth and providing total solutions for its customers. With a global presence in 170 countries, the company is well-positioned for future growth with its strong team of approximately 9,500 employees, production facilities, and sales and service networks.