Heidelberger Druckmaschinen AG: Heidelberg increases press exports from Chinese production operations
DGAP-Media / 10.03.2021 / 10:11
- Customers in more than 40 countries trust Heidelberg quality from China
- Export rate from Shanghai site reaches 19 percent
- Japanese print shops Ebara Printing and Bunkado install Speedmaster CD 102 presses from China
Despite the COVID-19 pandemic, demand for printing systems, particularly in the Asian core markets, is nearing pre-crisis levels again. The same applies to the production volumes of Heidelberger Druckmaschinen AG (Heidelberg) at its site in Shanghai. Accordingly, the company has also progressively increased exports of its printing presses manufactured in China. Since being established in 2005, launching the assembly of postpress systems, and subsequently taking up the production of standard small-format printing presses for the Chinese market, the site now employs some 450 staff and manufactures printing presses for commerc
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HEIDELBERG, Germany, Feb. 10, 2021 /PRNewswire/ Due to the increasingly tangible successes yielded by the company s transformation, plus growing demand from China and, since the third quarter, from Europe, too, Heidelberger Druckmaschinen AG (Heidelberg) is raising its target operating return for financial year 2020/21 as a whole. Consequently, the company anticipates that its EBITDA margin excluding restructuring result will grow to approximately 7 percent, even though the coronavirus pandemic may lead to a sales decline of around € 450 million to € 500 million compared to the previous year (previous year s sales: € 2,349 million) for the year as a whole. Previously, Heidelberg had anticipated an EBITDA margin that would, at its lowest, equal that of the previous year at 4.3 percent. It is also an encouraging sign for the coming months that print volumes among Heidelberg customers have almost reached the levels of the previous
DGAP-News: Heidelberger Druckmaschinen AG: Neue Perspektiven für die Print Media Academy in Heidelberg boersennews.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boersennews.de Daily Mail and Mail on Sunday newspapers.
- Sale of Gallus Group to benpac holding ag not completed
- Purchase price payment by benpac holding ag not made today
- Heidelberg will assert its rights
- Gallus Group continues realignment under Heidelberg umbrella
- Heidelberg continues to press ahead with transformation program
The sale of the Gallus Group by Heidelberger Druckmaschinen AG (Heidelberg) to the Swiss company benpac holding ag has not been completed. benpac holding ag did not make the purchase price payment of EUR 120 million agreed at today s closing, although all the necessary conditions were met. Heidelberg had to assume until the very end that the transaction would be completed successfully. Heidelberg will assert its rights.
Heidelberger Druckmaschinen : Ad hoc - Notification pursuant to Article 17 MAR marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.