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 (23.07.2026):
Heidelberger Druckmaschinen AG — results for the fourth quarter / full fiscal year 2025/2026 (year ended 31 March 2026): Group sales were essentially stable at €2,293m (+1% y/y) while incoming orders and the year‑end backlog weakened. Reported EBITDA improved to €145m (+6%) but adjusted EBITDA fell to €151m (‑7%) with an adjusted margin of 6.6% (vs. 7.1% prior). Operating profit rose to €67m (+10%) and net income improved to €15m (earnings per share €0.05). Cash generation weakened materially and free cash flow turned negative. Management cites negative currency and mix effects plus deliberate early investments outside the core printing business (security/defense, e‑mobility) as drivers of the outcome.
Revenue and order trend
Net sales: €2,293m (+1% year‑on‑year). Incoming orders: €2,246m (‑8%). Order backlog at year‑end: €639m (‑11%). The company maintained sales targets despite currency headwinds and a weaker investment environment.
Profitability and earnings
EBITDA (reported): €145m (+6%). Adjusted EBITDA: €151m (‑7%), adjusted EBITDA margin 6.6% (previous 7.1%). Result of operating activities: €67m (+10%). Net result after taxes: €15m (vs €5m prior), EPS €0.05 (up from €0.02).
Cash flow and financial position
Cash generated by operating activities fell to €36m (from €113m). Free cash flow: €‑19m (prior €51m). Equity increased to €568m (+4%). Net financial position weakened to €39m (net cash reduced versus €91m prior).
Drivers cited by management
Management attributes the weaker adjusted margin and cash flow to negative currency effects, unfavorable product mix and early investments in new growth fields (notably the newly formed HD Advanced Technologies/defense activities and Amperfied e‑mobility), plus the difficult macro/geopolitical backdrop.
Capital allocation and strategic steps
Company pursuing a three‑pillar strategy: (1) core print & packaging, (2) lifecycle (software, services, consumables) to increase recurring revenue, and (3) HEIDELBERG Technology (security, energy, charging infrastructure). Recent initiatives include HD Advanced Technologies GmbH and the ONBERG joint venture.
Workforce and operating footprint
Employees at year‑end: 9,065 (‑3%). Management emphasizes ongoing productivity and cost measures alongside selective early investments to build a second growth pillar beyond traditional machine sales.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
500 M
Market cap (USD)
644,212
Daily traded volume (Shares)
0.931 / 0.906
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Ratings & reviews
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