Heidelberger Druckmaschinen stock trades 42.5 percent below its high

Published on 09/25/2026 at 17:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Heidelberger Druckmaschinen stock reported Q1 fiscal 2026/27 revenue of EUR 404 million on August 19, down 13 percent year over year. Adjusted EBITDA margin fell to 0.2 percent from 4.4 percent, with the next report due November 12, 2026.

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Heidelberger Druckmaschinen (ISIN DE0007314007) stock was trading at EUR 1.38 on Xetra on September 25, 2026 at 5:04 p.m. CEST, 42.5 percent below its 52-week high of EUR 2.40. The latest operating report showed a sharp first-quarter slowdown, giving investors a clear measure for the recovery expected later in the fiscal year.

Revenue drops to EUR 404 million

According to Capital.com, Heidelberger Druckmaschinen published its first-quarter fiscal 2026/27 results on August 19, covering April 1 through June 30. Net sales fell 13 percent year over year to EUR 404 million from EUR 466 million, while order intake declined 4.0 percent to EUR 537 million.

The profitability comparison was weaker than the sales figure. Adjusted EBITDA margin excluding special items dropped to 0.2 percent from 4.4 percent, free cash flow was negative EUR 77 million versus negative EUR 68 million a year earlier, and the net result after tax reached negative EUR 32 million compared with negative EUR 11 million.

Backlog supports the recovery case

Edison Group reported that the order backlog increased to EUR 762 million from EUR 639 million at the start of the fiscal year. The research also linked the first-quarter pressure to the expiry of an Italian investment subsidy, while excluding Italy, order intake increased by EUR 38 million.

That contrast creates the central test for the stock. Heidelberger Druckmaschinen must convert the EUR 762 million backlog into higher equipment volumes and improved margins while its first-quarter adjusted EBITDA margin remains at 0.2 percent. The business mix also matters, because Digital Solutions and Lifecycle revenue was EUR 240 million in the quarter, according to Edison Group.

Next report is due November 12

The next scheduled checkpoint is the second-quarter fiscal 2026/27 report on November 12, 2026. Zonebourse lists that date as the next results publication.

On September 25, 2026, the Xetra quote stood at EUR 1.38, up EUR 0.01 or 0.66 percent from the prior close of EUR 1.37. Market capitalization was EUR 419,071,221 and trading volume was 212,070 shares, placing the stock 42.5 percent below its EUR 2.40 52-week high.