Revenue (+0.5% to €2.52bn) and order inflow numbers (+4.1% to €2.59bn) had been released earlier and the group’s net earnings (+29% to €36m) and cash from operations (+235% to €139m) were higher than we had expected. However, management is giving a rather cautious long-term outlook. It expects revenue to increase by an annual 3.5% to €3.0bn by 2022 and EBITDA to between €250m and €300m. The latter translates into margins between 8% and 10% compared to
08 Jun 2017
Final accounts as good as indicated in early May
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Final accounts as good as indicated in early May
Heidelberger Druckmaschinen AG (HDD:WBO) | 0 0 -0.4% | Mkt Cap: 802.2m
- Published:
08 Jun 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Revenue (+0.5% to €2.52bn) and order inflow numbers (+4.1% to €2.59bn) had been released earlier and the group’s net earnings (+29% to €36m) and cash from operations (+235% to €139m) were higher than we had expected. However, management is giving a rather cautious long-term outlook. It expects revenue to increase by an annual 3.5% to €3.0bn by 2022 and EBITDA to between €250m and €300m. The latter translates into margins between 8% and 10% compared to