Thanks to the DRUPA fair, Heidelberger Druck’s order inflow increased by 14% to €804m in Q1 16/17, but, at the same time, revenue fell by 14% to €486m. Compared to Q1 12/13 (i.e. the time of the last DRUPA), both numbers are down by 10% and 6.5%, respectively. Nevertheless, this year’s book-to-bill ratio was 1.65 and the end of June order book stood at €768m, a very high level indeed. However, the group has again suffered losses. Management blames the DRUPA costs of
10 Aug 2016
Very high book-to-bill ratio, but very poor Q1 profits
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Very high book-to-bill ratio, but very poor Q1 profits
Heidelberger Druckmaschinen AG (HDD:WBO) | 0 0 -0.4% | Mkt Cap: 802.2m
- Published:
10 Aug 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
Thanks to the DRUPA fair, Heidelberger Druck’s order inflow increased by 14% to €804m in Q1 16/17, but, at the same time, revenue fell by 14% to €486m. Compared to Q1 12/13 (i.e. the time of the last DRUPA), both numbers are down by 10% and 6.5%, respectively. Nevertheless, this year’s book-to-bill ratio was 1.65 and the end of June order book stood at €768m, a very high level indeed. However, the group has again suffered losses. Management blames the DRUPA costs of