Preliminary figures show net result after taxes above forecast and market expectation for financial year 2022/2023

The Executive Board therefore expects a positive net result after taxes of around € 90 million for financial year 2022/2023. This is around € 24 million above market expectation, which had already exceeded the company´s forecast in the course of the financial year. The reasons for this are on the one hand the higher absolute EBITDA (including non-recurring items) and on the other hand one-time benefits in the financial and tax results.

Expected sales is around € 2.4 billion, slightly above the target of around € 2.3 billion. The expected EBITDA margin is around 8.5 %, which is also slightly above the forecast of more than 8 %.

The Company will publish its financial statements and annual report for financial year 2022/2023 on June 14, 2023.

Important note:
This press release contains forward-looking statements based on assumptions and estimations by the Management Board of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the Management Board is of the opinion that those assumptions and estimations are realistic, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the macro-economic situation, in the exchange rates, in the interest rates, and in the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft gives no warranty and does not assume liability for any damages in case the future development and the projected results do not correspond with the forward-looking statements contained in this press release.