Heidelberger Druck’s order inflow and revenue fell by 4% to €579m and 11% to €606m, respectively, in the last quarter. At the same time, the respective EBIT and pre-tax earnings numbers were down by 19% to €22m and 57% to €6.5m. Whereas 9M revenue is short of our projected number (€1.76bn), EBIT of €49m is higher (€43m) and pre-tax earnings of €1m are about in line (€2m).
07 Feb 2019
Q3 earnings down, as expected
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Q3 earnings down, as expected
Heidelberger Druckmaschinen AG (HDD:WBO) | 0 0 -0.4% | Mkt Cap: 802.2m
- Published:
07 Feb 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
Heidelberger Druck’s order inflow and revenue fell by 4% to €579m and 11% to €606m, respectively, in the last quarter. At the same time, the respective EBIT and pre-tax earnings numbers were down by 19% to €22m and 57% to €6.5m. Whereas 9M revenue is short of our projected number (€1.76bn), EBIT of €49m is higher (€43m) and pre-tax earnings of €1m are about in line (€2m).