Heidelberger Druckmaschinen AG
HDD
ISIN DE0007314007 / Valor 682694
Heidelberger Druckmaschinen AG
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About company
Heidelberger Druckmaschinen AG is a global company that offers production solutions in various sectors such as mechanical and vehicle engineering, robotics, and electronics. The company provides services ranging from foundry products to the assembly of component groups and systems, with a focus on 3D printers, control and power electronics, and switchboards. Heidelberger aims to expand its product portfolio and achieve growth in the e-mobility sector by expanding geographically. With around 9,500 employees and a global sales and service organization, Heidelberger ensures the implementation of customer requirements and continuous development in the market. The company's production sites are located in Germany and China, and it holds a market share of over 40 percent in sheetfed offset machines, used in the production of high-quality printed products.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (03.02.2026):
Heidelberger Druckmaschinen AG — Interim Statement for the Third Quarter of 2024/2025: incoming orders improved materially while sales for Q3 were stable year‑on‑year but remain down materially for the first nine months; cost measures lifted Q3 adjusted EBITDA margin sharply, cash flow in Q3 improved to positive, and the company confirms its 2024/2025 guidance.
Incoming orders
After nine months incoming orders were €1,823m (+7.7% y/y); third‑quarter orders €550m (+8.3% y/y). Order backlog at Dec 31, 2024 ≈ €903m.
Sales
Third quarter sales: €594m (flat vs. prior‑year Q3). Sales after nine months: €1,509m, down ≈10.5% vs. €1,686m a year earlier. Inventories rose to €752m reflecting higher production and backlog.
Margins & profitability
Adjusted EBITDA Q3: €55m (margin 9.2% vs 5.7% in prior‑year Q3). Adjusted EBITDA after nine months: €86m (margin 5.7% vs 8.0% prior year). EBIT Q3: €8m; EBIT 9M: €1m. Net result after taxes Q3: –€7m; 9M: –€42m.
Cash flow & liquidity
Operating cash flow Q3: +€22m (improved); free cash flow Q3: +€4m. Nine‑month operating cash flow: –€66m; free cash flow 9M: –€97m. Cash and cash equivalents €116m; net financial position €–51m; financial liabilities rose (total financial liabilities at Dec 31, 2024 ≈ €166m).
Balance sheet & provisions
Equity at Dec 31, 2024: €469m (equity ratio ~21.2%). Provisions including pension provisions increased slightly (pension provisions ≈ €698m). Total assets €2,207m.
Restructuring / one‑off items
Company recorded ~€29m of provisions in Q3 for agreed structural staff‑cost reduction measures (reported under staff costs). EBITDA was adjusted for this special item (EBITDA including the charge in Q3: €26m).
Segments & regions (brief)
Packaging Solutions and EMEA showed particularly strong incoming‑order growth; Print Solutions orders grew modestly. Asia‑Pacific orders rose despite China fair effects; Americas orders weaker and sales down vs prior year.
Outlook
HEIDELBERG confirms its 2024/2025 guidance: expects full‑year sales roughly in line with prior year (~€2,395m) and an adjusted EBITDA margin broadly similar to the prior year (~7.2%). A very strong Q4 is expected given backlog and production utilization.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
485 M
Market cap (USD)
838,636
Daily traded volume (Shares)
0.931 / 0.906
1 day high/low (USD)
52 weeks high/low (USD)
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