Heidelberg Reveals Q3 Results

Heidelberg has posted their latest interim report with a mixed array of improvements and declines. They report overall positive trends as they focus on packaging and digital printing as sources of growth. The print solutions segment reported growth during the first nine months of 4.4%, but the EBITDA fell when compared to last year. The packaging segment was a stronger growth area, growing by 11% in the first three quarters, but EBITDA in this segment was also below last year.

They report that due to the order backlog and expectations of growth in the final quarter, they expect a strong finish to the year.

Read the Interim report on the Heidelberg website here.