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8 November 2023
Heidelberg Reports Solid Results
HEIDELBERG GERMANY—
Heidelberg said it is “well on track” after six months of its financial year 2023/2024 despite the difficult economic situation. In an update released, Heidelberg said this is the result of a slight improvement in sales in its key EMEA region thanks to growth in the packaging segment. The company achieved sales of €1.092bn($1.61 CAD)in its first half-year ,
which compared to €1.120bn ($1.65 CAD) in the previous year. Heidelberg saw success in the period with the Gallus One digital label press and the Boardmaster press for high productivity in packaging printing also generated further sales.Incoming orders for the Packaging segment saw an increase of around 16% in the first half-year. “Assuming the global economy does not see weaker growth than predicted by the economic research institutions, the company is still expecting sales in financial year 2023/2024 to match the previous year’s figure of €2.435bn ($3.6 CAD) ,” Heidelberg stated.
Gallus One Digital Press has done well for Heidelberg
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Heidelberg is still the world's largest sheet fed offset press manufacture
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