Heidelbergs reports strong H1 2025/26 results with 8% sales growth, doubled EBITDA, and improved cash flow.

HEIDELBERG reported strong first-half results for fiscal year 2025/2026, with sales rising 8% to €985 million, driven by growth in Europe and Asia. Adjusted EBITDA more than doubled to €63 million, reflecting improved profitability and a margin increase to 6.4%, aided by cost-cutting and efficiency measures. Second-quarter sales reached €519 million, surpassing the first quarter, and the company confirmed its full-year forecast despite economic challenges. Incoming orders were stable at €1.116 billion, with strong demand for digital label printing systems. Free cash flow improved to €-63 million from €-102 million, and the second quarter net result turned positive.