15.05.2024 08:27:52 - dpa-AFX: Heidelberger Druckmaschinen Annual Prel. Sales Nearly Flat With Last Year
BERLIN (dpa-AFX) - Heidelberger Druckmaschinen AG (HBGRF.PK), a provider of
solutions to the print media industry, Wednesday posted preliminary sales of 2.4
billion euros for the full year, nearly flat with 2.435 billion euros in the
previous year. Revenue met the company's forecast.
The company said its free cash flow excluding special items was around 50
million euros, the highest in more than 10 years.
Ludwin Monz, CEO of the company said, 'We were able to achieve our financial
year targets in a difficult economic environment. HEIDELBERG's financial
performance was solid. Our value
enhancement program is an important building block in positioning HEIDELBERG for
the future.'
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