Heidelberger Druck’s Q1 numbers show an order inflow fall of 22% to €629m (but this is due to last year’s DRUPA fair) and a 2% revenue increase to €495m. The company continued to deliver operating (€3m) and pre-tax (€15m) losses, but these were sharply down from last year (€16m and €35m, respectively) and the pre-tax loss was also lower than our anticipated €20m.
10 Aug 2017
Reasonable Q1 numbers
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Reasonable Q1 numbers
Heidelberger Druckmaschinen AG (HDD:WBO) | 0 0 -0.4% | Mkt Cap: 802.2m
- Published:
10 Aug 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Heidelberger Druck’s Q1 numbers show an order inflow fall of 22% to €629m (but this is due to last year’s DRUPA fair) and a 2% revenue increase to €495m. The company continued to deliver operating (€3m) and pre-tax (€15m) losses, but these were sharply down from last year (€16m and €35m, respectively) and the pre-tax loss was also lower than our anticipated €20m.