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10 May 2022
Heidelberg Profits , Back Orders Over 2.4 Billion Euros
HEIDELBERG , GERMANY—
Heidelberger has returned to profitability. At €2.183 billion, sales were around 14 percent higher than the previous year. The reporting period showed a clear recovery from the previous year, hard hit by the effects of the COVID 19 pandemic. The noticeable improvement was the increase in incoming orders received by more than €2.454 billion.
Both commercial printing and packaging printing recorded significant year-on-year growth in the past financial year, with the increase in commercial printing being stronger due to the particularly weak comparative period. Demand picked up across almost all products and in all regions, with investments in new presses being the main driver. As of March 31, 2022, the order backlog stood at around € 900 million, the highest level in more than 10 years (previous year: € 636 million).
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