Heidelberger Druckmaschinen AG (OTCPK:HBGRY)
$ 0.4332 0 (0%) Market Cap: 263.68 Mil Enterprise Value: 300.11 Mil PE Ratio: 0 PB Ratio: 0.60 GF Score: 51/100
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Q3 2022 Heidelberger Druckmaschinen AG Earnings Call Transcript

Feb 09, 2022 / 12:00PM GMT
Release Date Price: $1.4
Rainer Hundsdorfer
Heidelberger Druckmaschinen Aktiengesellschaft - Chairman of Management Board & CEO

Ladies and gentlemen, I'd like to welcome you to our call on the third quarter results 2021/2022. Together with my colleague, Marcus Wassenberg, I will present the most important developments and key financial figures of our third quarter to you. Afterwards, we will be happy to answer your questions.

In the third quarter, the positive trend of the first half of the year continued. This gives us high confidence in achieving our targets for the year in the fourth quarter. Thanks to a robust order development in all important regions worldwide, our order intake after 9 months is above prior year's level by around 1/3. The order book as at December climbed by almost 40% year-on-year and now even exceeds the level immediately before the COVID-19 pandemic. This enables us to render our sales forecast for the full year. More specific to at least EUR 2.1 billion now. This high backlog furthermore also represents a solid base to go into the next financial year 2022/2023. This is very good news for

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