Rising order intake compared to previous year lays the foundation for a good start to FY 2025/26 for HEIDELBERG.
HEIDELBERG held its own in a difficult market environment in financial year 2024/25 and achieved its set targets. According to preliminary calculations, the adjusted EBITDA margin remained stable at 7.1 percent, bringing the financial year to a successful close. The slightly lower sales volume compared to the previous year, costs and expenses were successfully offset by efficiency measures initiated. In the fourth quarter alone, the adjusted EBITDA margin doubled to around 10 percent compared to the previous year.
At around € 2,280 million, sales were slightly below the previous year’s level (€ 2,395 million).
“We were able to achieve our financial year targets in a difficult economic environment and uncertain geopolitical conditions,” said Jürgen Otto, CEO of HEIDELBERG. “With a clearly positive free cash flow for the second year in a row, we have confirmed our financially solid development. The measures initiated to reduce personnel costs will help us to further strengthen our profitability in the new financial year.” The adjusted EBITDA margin is expected to improve further to around 8 percent in the next financial year 2025/26.
HEIDELBERG closed the past financial year with a high order intake. At over € 600 million, incoming orders in the fourth quarter were up on the previous quarters of the financial year. The significant increase in incoming orders in the EMEA region in the fourth quarter deserves special mention, while the Americas region showed a slight improvement at a still subdued level. The Asia/Pacific region was below the previous year’s level, mainly to the reluctance to invest ahead of the China Print trade fair.
Both segments in the core business achieved an increase in orders thanks to strong development in the Sheetfed product area, with the Packaging Solutions segment accounting for the higher growth. Preliminary order intake for the year as a whole therefore totaled around € 2.430 billion, which was around 6 percent higher than the previous year’s figure of € 2.288 billion. Overall, the improvement can be seen across both segments, with Packaging Solutions accounting for around 52 percent of order intake for the year as a whole. Compared to the previous year, order intake in this strategically important segment recorded absolute growth of around 7 percent.
“Our global presence in over 170 countries around the world is paying off, especially in economically uncertain times,” said Dr. David Schmedding, Chief Technology & Sales Officer at HEIDELBERG. “Thanks to the rising order situation, we expect a better start to the new financial year compared to the previous year. The China Print trade fair in May should provide further impetus for orders.
Additional, positive order impetus expected from China Print trade fair in May
From May 15 to 19, China Print, the largest trade fair in the Chinese printing industry, will take place in Beijing this year with over 100,000 visitors. Customer groups from overseas are also expected to attend. In terms of sales, China is one of the top three markets for HEIDELBERG. At the booth, the company will showcase its latest innovations aimed at increasing efficiency and productivity, integrated hybrid production with offset and digital printing, developing new business opportunities and digital transformation. HEIDELBERG intends to gradually expand its business and portfolio to offer customers integrated end-to-end solutions for the entire production process through automation, robotics and software. As a system provider, the aim is to tap into the huge potential in the growing packaging segment. In China, the annual printing volume in the packaging sector is growing by around 4 percent. HEIDELBERG is thus also creating competitive advantages for its customers in China and intends to grow further in this market segment.
