As expected, the first quarter of financial year 2016/2017 (April 1, 2016 to June 30, 2016) at Heidelberger Druckmaschinen AG (Heidelberg) was shaped by the industry trade show drupa, which took place in late May/early June. Under its “Simply Smart” motto, Heidelberg took the industry’s digitization and thus the company’s strategic realignment to the next level. The new products and solutions resulted in a high demand for all the company’s offerings related to industrial print production and digitization. Accordingly, incoming orders rose to € 804 million as at June 30. Compared to the previous quarter, the order backlog, which is a measure of the Group’s future operational development, increased by 67 percent from € 460 million to € 768 million. This strong demand is a solid basis for achieving the targets for the year as a whole.

“Thanks to a good showing at drupa, Heidelberg has made a solid start to the new financial year. The high level of incoming orders at the trade show is particularly strong evidence of this,” said Heidelberg CEO Gerold Linzbach. “Our innovations have set new standards for industrial printing in the digitized era. The high level of acceptance on the market gives us a very optimistic outlook for the future.”