Heidelberg reports H1 net loss and 7.3% decline in sales
Heidelberger Druckmaschinen AG (HBGRF) reported a net loss for the first half of the fiscal year, with earnings per share falling to -€0.03 compared to break-even in the previous year. Net sales also saw a contraction, declining 7.3% year-over-year to €913 million. Despite the decline in H1 performance, the company has provided guidance for the FY2026/27 period, expecting sales to remain stable relative to the prior year's €2.293 billion. However, management revised its adjusted EBITDA margin outlook to a range of 5.6%-6.6%, moving away from previous expectations of an improvement over last year's 6.6% margin.
Topics: earnings report financial results guidance revision revenue decline
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