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Heidelberger Druckmaschinen AG (HDDG.DE)

HDDG.DE on Xetra

1.21EUR
17 Sep 2019
Change (% chg)

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€1.21
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1,045,445
52-wk High
€2.55
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€0.84

Latest Key Developments (Source: Significant Developments)

Heidelberger Druckmaschinen Q1 Net Loss After Taxes Widens To 31 Million Euros
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - HEIDELBERGER DRUCKMASCHINEN AG ::Q1 EBITDA EXCLUDING RESTRUCTURING RESULT AMOUNTED TO AROUND € 14 MILLION (INCLUDING AN IFRS 16 IMPACT IN THE REGION OF € 5 MILLION)..SALES AT HEIDELBERG FELL FROM € 541 MILLION TO € 502 MILLION IN THE FIRST QUARTER OF 2019/2020.Q1 EBIT EXCLUDING RESTRUCTURING RESULT TOTALED € –10 MILLION (SAME QUARTER OF PREVIOUS YEAR: € 2 MILLION).Q1 NET RESULT AFTER TAXES, INCLUDING INCOME TAXES, WAS € –31 MILLION (PREVIOUS YEAR: € –15 MILLION)..EXPECTING SALES FOR FINANCIAL YEAR 2019/2020 AS A WHOLE TO MATCH THE PREVIOUS YEAR’S LEVEL.IN 2019, TARGETING EBITDA EXCLUDING RESTRUCTURING RESULT BETWEEN 6.5 AND 7 PERCENT OF SALES, EXPECTING TO BREAK EVEN AFTER TAXES.IN 2019/2020, LEVERAGE IS SET TO REMAIN BELOW THE TARGET OF 2 PREVIOUSLY ANNOUNCED BY THE COMPANY.  Full Article

Heidelberger Druckmaschinen Says Quaterly Sales EUR 502 vs EUR 541 Million
Wednesday, 17 Jul 2019 

July 17 (Reuters) - Heidelberger Druckmaschinen AG ::DGAP-ADHOC: HEIDELBERGER DRUCKMASCHINEN AG: CYCLICAL RELUCTANCE TO INVEST WEIGHS ON START OF 2019/20 FINANCIAL YEAR.COMPANY RECORDED SALES OF EUR 502 MILLION IN QUARTER, COMPARED WITH EUR 541 MILLION IN SAME PERIOD OF PREVIOUS YEAR.FOR 2019/20 FINANCIAL YEAR AS A WHOLE, HEIDELBERG CONTINUES TO ANTICIPATE SALES AT PREVIOUS YEAR'S LEVEL.FOR 2019/20, A BREAK-EVEN NET RESULT AFTER TAXES IS NOW EXPECTED.QTRLY FREE CASH FLOW WAS NEGATIVE AT EUR -83 MILLION (PREVIOUS YEAR: EUR -45 MILLION).HEIDELBERGER- DESPITE HIGHER DEMAND IN CHINA ON POSITIVE OUTCOME OF PRINT CHINA TRADE FAIR, AS AT JUNE 30, INCOMING ORDERS DOWN ON LAST YEAR AT EUR 615 MILLION.HEIDELBERGER- ADJUSTING OUTLOOK FOR OPERATING RESULT IN FY2019 & ASSUMING TARGET MARGIN FOR EBITDA EXCLUDING RESTRUCTURING RESULT OF 6.5%-7 % OF SALES.HEIDELBERGER DRUCKMASCHINEN - AT AROUND EUR 14 MILLION, QTRLY EBITDA EXCLUDING RESTRUCTURING RESULT WAS BELOW UNADJUSTED LAST YEAR'S OF AROUND EUR 20 MILLION.AFTER TAXES, GROUP REPORTED A MINUS OF AROUND EUR 31 MILLION IN QUARTER.  Full Article

Heidelberger Druckmaschinen Buys Software Start-Up Crispy Mountain
Wednesday, 5 Jun 2019 

June 5 (Reuters) - HEIDELBERGER DRUCKMASCHINEN AG ::EXPANDS CLOUD-BASED APPLICATIONS WITH ACQUISITION OF SOFTWARE START-UP CRISPY MOUNTAIN.  Full Article

Heidelberger Druckmaschinen Comments On German Federal Cartel Office's Decision Regarding Takeover Of MBO
Tuesday, 7 May 2019 

May 7 (Reuters) - HEIDELBERGER DRUCKMASCHINEN AG ::HEIDELBERGER DRUCKMASCHINEN AND MBO REGRET GERMAN FEDERAL CARTEL OFFICE'S DECISION TO BLOCK PLANNED TAKEOVER.BOTH COMPANIES TO CONTINUE RUNNING THEIR BUSINESSES SEPARATELY AND INDEPENDENTLY.HEIDELBERG POSTPRESS STRATEGY REMAINS UNCHANGED.  Full Article

Heidelberger Druckmaschinen AG Confirms Full Year Guidance
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Heidelberger Druckmaschinen AG ::FULL YEAR GUIDANCE CONFIRMED.ORDER BACKLOG OF €804 MILLION IN Q3 INDICATES STRONG FINAL QUARTER.NINE-MONTH SALES OF €1,693 MILLION APPROXIMATELY 2 PERCENT UP ON PREVIOUS YEAR .SOLID OPERATING RESULT (EBITDA) OF €101 MILLION.TARGETS FOR FINANCIAL YEAR 2018/2019 AS A WHOLE STILL IN SIGHT.EBITDA EXCLUDING THE RESTRUCTURING RESULT DID NOT QUITE REACH THE PREVIOUS YEAR’S FIGURE OF €105 MILLION AS A RESULT OF HIGHER COLLECTIVELY AGREED RATES OF PAY.EBITDA MARGIN DROP SLIGHTLY TO 6.0 PERCENT.EBIT EXCLUDING THE RESTRUCTURING RESULT TOTALED €49 MILLION (PREVIOUS YEAR: €54 MILLION).Q3 NET RESULT AFTER TAXES IMPROVED SIGNIFICANTLY FROM €–10 MILLION TO €–2 MILLION.  Full Article

Heidelberger Druck CEO: Masterwork Helps Stabilising Our Stock
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - Heidelberger Druck CEO::WE ARE SEEKING ADDITIONAL STRATEGIC INVESTORS TO REDUCE VOLATILITY OF OUR STOCK DUE TO SHORT SELLERS.INVESTMENT BY MASTERWORK <<<300195.SZ>>> HELPS STABILISING OUR COMPANY WITH MORE CAPITAL AND INVESTMENT STRENGTH. WE FEEL ECONOMIC UNCERTAINTIES, BUT CONFIRM GUIDANCE FOR 2018/19.  Full Article

Heidelberger Druckmaschinen Enters Into Agreement With Masterwork Group
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - Heidelberger Druckmaschinen AG ::ENTERS INTO AGREEMENT WITH MASTERWORK GROUP CO., LTD. FROM CHINA WHICH INTENDS TO ACQUIRE A STAKE IN HEIDELBERG VIA CAPITAL INCREASE.HEIDELBERG STEPS UP ACTIVITIES IN PACKAGING MARKET AND GAINS POTENTIAL STRATEGIC ANCHOR SHAREHOLDER.MASTERWORK GROUP CO., LTD. (MASTERWORK) BASED IN CHINESE CITY OF TIANJIN INTENDS TO ACQUIRE A STAKE IN HEIDELBERG IN AN AMOUNT OF APPROX. 8.5 PERCENT OF HEIDELBERG'S SHARE CAPITAL BY WAY OF A CASH CAPITAL INCREASE FROM AUTHORIZED CAPITAL WITH AN EXCLUSION OF SHAREHOLDERS' SUBSCRIPTION RIGHTS.MASTERWORK INTENDS TO ACQUIRE A STAKE IN HEIDELBERG IN AN AMOUNT OF APPROX. 8.5 PERCENT.CAPITAL MEASURE IS EXPECTED TO BE IMPLEMENTED BY END OF FIRST CALENDAR QUARTER 2019.IMPLEMENTATION OF SUCH CAPITAL MEASURE IS SUBJECT TO APPROVAL BY HEIDELBERGER DRUCKMASCHINEN AG'S SUPERVISORY BOARD.PROPOSED CAPITAL INCREASE PROVIDES OPPORTUNITY FOR HEIDELBERG TO ACQUIRE A FURTHER STRATEGIC ANCHOR SHAREHOLDER WITH A LONG-TERM INVESTMENT HORIZON AS WELL AS TO STRENGTHEN ITS EQUITY.ISSUE PRICE OF NEW SHARES IS SET TO BE EUR 2.68.HEIDELBERG WILL EXAMINE WHETHER HEIDELBERG CAN SIGNIFICANTLY EXPAND ITS LONG-STANDING STRATEGIC DISTRIBUTION PARTNERSHIP WITH MASTERWORK.CAPITAL MEASURE IS EXPECTED TO BE IMPLEMENTED BY END OF FIRST CALENDAR QUARTER 2019.IF DEVELOPMENT OF MARKET PRICE SIGNIFICANTLY EXCEEDS ENVISAGED ISSUE PRICE, THERE WILL BE RENEGOTIATIONS TAKING INTO ACCOUNT APPLICABLE STATUTORY REQUIREMENTS.  Full Article

Heidelberger Druckmaschinen H1 Earnings After Taxes At EUR - 6 Mln
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - HEIDELBERGER DRUCKMASCHINEN AG ::ORDER INTAKE INCREASES IN THE FIRST HALF OF THE YEAR BY 6 PERCENT TO EUR 1,306 MILLION.H1 GROUP SALES ALSO IMPROVED BY 6 PERCENT TO EUR 1,114 MILLION.H1 EBITDA EXCLUDING THE RESTRUCTURING RESULT INCREASED FROM EUR 60 MILLION TO EUR 62 MILLION.EARNINGS AFTER TAXES AT EUR - 6 MILLION.HEIDELBERGER DRUCKMASCHINEN - NEW BUSINESS MODEL WILL INITIALLY ONLY DELIVER RELATIVELY LOW SALES AND EARNINGS CONTRIBUTIONS BUT SIGNIFICANTLY HIGHER IN MEDIUM TERM.  Full Article

Heidelberger Druckmaschinen Q1 EBITDA At EUR 20 Mln
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - HEIDELBERGER DRUCKMASCHINEN AG ::Q1 GROUP SALES INCREASED BY 9 PERCENT TO €541 MILLION.Q1 OPERATING RESULT (EBITDA) UP FROM €14 MILLION TO €20 MILLION.ON COURSE TO ACHIEVE OVERALL ANNUAL TARGETS FOR 2018/2019.Q1 EBIT EXCLUDING THE RESTRUCTURING RESULT AT €2 MILLION (PREVIOUS YEAR: €-3 MILLION)..  Full Article

German stocks - Factors to watch on August 6

BERLIN/FRANKFURT, Aug 6 The following are some of the factors that may move German stocks on Tuesday: