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Heidelberger Druckmaschinen AG Kurfürsten-Anlage 52-60 69115 Heidelberg, Germany http://www.heidelberg.com
Contact Mr Thomas Fichtl +49 6222 8267123
Company logo of Heidelberger Druckmaschinen AG
Heidelberger Druckmaschinen AG

Covid-19 pandemic and measures to boost profitability have considerable impact on figures for FY 2019/20

(PresseBox) (Heidelberg, )
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Total sales approximately 6 percent below previous year ­– EBITDA margin excluding effects of restructuring at 4.3 percent
At € –343 million, net result after taxes impacted by planned restructuring expenses and Covid-19 effects
Net financial debt considerably reduced from € 250 million to € 43 million
Negotiations about package of measures to boost profitability nearly completed


During a challenging financial year 2019/20 (April 1, 2019 to March 31, 2020), business operations at Heidelberger Druckmaschinen AG (Heidelberg) was impacted by the increasingly deteriorating economic environment caused by the Covid-19 pandemic. Based on preliminary figures yet to be audited, Group sales amounted to
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