NEW YORK and NOIDA, India, Feb. 7, 2026 /PRNewswire/ — HCLTech, (NSE: HCLTECH) (BSE: HCLTECH) a leading global technology company, has been named to Fortune magazine’s 2026 World’s Most Admired Companies list, recognizing its consistent performance, technology-led innovation and commitment to long-term value creation for clients, employees and stakeholders.
“This recognition reflects the trust our people earn every day from clients and partners,” said C. Vijayakumar, CEO and Managing Director of HCLTech. “It underscores the strength of our purpose— bringing together the best of technology and our people. As the technology landscape evolves, we remain focused on delivering meaningful, AI-driven outcomes while creating a positive impact for our clients, our people, our communities, and the planet.”
“Fortune is proud to celebrate the companies on this year’s World’s Most Admired Companies list; they have set the bar for real innovation, resilient leadership and global impact,” said Alyson Shontell, Fortune’s Editor in Chief and Chief Content Officer. “As rapidly advancing technologies such as AI transform entire industries, these organizations stand out for their ability to evolve with purpose and foresight, consistently shaping the path forward for global business, and the future of how we work and lead.”
The annual list is based on a survey of more than 3,000 executives, board members and analysts, evaluating companies across nine key parameters, including quality of management, innovation, global competitiveness, talent attraction and social responsibility. HCLTech was recognized as a Most Admired company in IT services, reflecting the high ratings it received from clients and industry partners.
About HCLTech
HCLTech is a global technology company, home to more than 226,300 people across 60 countries, delivering industry-leading capabilities centered around AI, digital, engineering, cloud and software, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, High Tech, Semiconductor, Telecom and Media, Retail and CPG, Mobility and Public Services. Consolidated revenues as of 12 months ending December 2025 totaled $14.5 billion.
To learn how we can supercharge progress for you, visit hcltech.com.
NEW YORK and NOIDA, India, Feb. 7, 2026 /PRNewswire/ — HCLTech, (NSE: HCLTECH) (BSE: HCLTECH) a leading global technology company, has been named to Fortune magazine’s 2026 World’s Most Admired Companies list, recognizing its consistent performance, technology-led innovation and commitment to long-term value creation for clients, employees and stakeholders.
“This recognition reflects the trust our people earn every day from clients and partners,” said C. Vijayakumar, CEO and Managing Director of HCLTech. “It underscores the strength of our purpose— bringing together the best of technology and our people. As the technology landscape evolves, we remain focused on delivering meaningful, AI-driven outcomes while creating a positive impact for our clients, our people, our communities, and the planet.”
“Fortune is proud to celebrate the companies on this year’s World’s Most Admired Companies list; they have set the bar for real innovation, resilient leadership and global impact,” said Alyson Shontell, Fortune’s Editor in Chief and Chief Content Officer. “As rapidly advancing technologies such as AI transform entire industries, these organizations stand out for their ability to evolve with purpose and foresight, consistently shaping the path forward for global business, and the future of how we work and lead.”
The annual list is based on a survey of more than 3,000 executives, board members and analysts, evaluating companies across nine key parameters, including quality of management, innovation, global competitiveness, talent attraction and social responsibility. HCLTech was recognized as a Most Admired company in IT services, reflecting the high ratings it received from clients and industry partners.
About HCLTech
HCLTech is a global technology company, home to more than 226,300 people across 60 countries, delivering industry-leading capabilities centered around AI, digital, engineering, cloud and software, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, High Tech, Semiconductor, Telecom and Media, Retail and CPG, Mobility and Public Services. Consolidated revenues as of 12 months ending December 2025 totaled $14.5 billion.
To learn how we can supercharge progress for you, visit hcltech.com.
NYSE issues a pre-market daily advisory direct from the trading floor.
NEW YORK, Feb. 7, 2026 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins.
Once Upon a Farm to debut for trade at the NYSE.
Ashley Mastronardi delivers the pre-market update on February 6th
Equities are rising early Friday with buyers gathering shares amid the recent pullback, highlighted by Reddit (NYSE: RDDT) shares popping double digits after upbeat earnings.
Once Upon a Farm (NYSE: OFRM) will begin trading on the New York Stock Exchange today after raising about $198 million in its IPO.
In their trading debuts yesterday, shares of Forgent Power Solutions (NYSE: FPS) and Bob’s Discount Furniture (NYSE: BOBS) rose 7.4% and 0.1% respectively.
Opening Bell Once Upon a Farm (NYSE: OFRM) celebrates its IPO
Closing Bell The “I Have A Dream” Foundation celebrates 45 years of supporting scholars
For market insights, IPO activity, and today’s opening bell, download the NYSE TV App: TV.NYSE.com
From Portable Power to Connected Community Ecosystems: A Vision for All–Scenario Intelligent Energy
SAN JOSE, Calif., Feb. 7, 2026 /PRNewswire/ — Astravolt, an intelligent energy technology company, formally entered the North American market today with a comprehensive vision for an “all-scenario intelligent energy ecosystem.” The launch showcased the company’s inaugural line of portable power stations, while also placing a core emphasis on Astravolt’s long term strategy: shifting energy storage from isolated hardware to an interconnected, AI-driven network that spans personal, home, community, and urban environments.
Astravolt product launch event
Founded in 2023, Astravolt is built on the core philosophy of “AI + Robotics + Digital Energy.” The company is introducing the concept of “Active Intelligence”—a system architecture where energy devices do not merely store power passively but sense, predict, and autonomously optimize energy flow based on usage patterns, grid pricing, and environmental conditions.
“Energy storage has historically operated as isolated, passive hardware,” said Kenneth Jing, Technical Expert at Astravolt. “Our vision is to transform these systems into intelligent, connected devices that learn usage patterns, predict demand, and optimize performance over time. We’re applying the same AI and cloud principles that revolutionized smartphones and computing to energy infrastructure.”
A Unified Ecosystem Across Four Life Scenarios
Astravolt’s ecosystem connects four distinct layers, Personal Mobility, Residential Energy Autonomy, and Community and Urban Infrastructure, through a unified cloud management system. Each layer builds upon the next, creating a continuous loop where personal sustainable energy supplements home backup, home storage units respond to city grid demands, and urban mobile charging networks provide ultimate energy security for individuals and families alike.
Personal Mobility: The Intelligent Energy Companion
The ecosystem begins with the Nova Series, designed not merely as power stations but as intelligent mobile companions for diverse lifestyles. The Nova 300 delivers ultra quiet power for casual camping and everyday carry. The Nova 3000 serves as a high capacity mobile hub engineered to power extended RV journeys and off grid living. For professionals in demanding environments, the Nova 1200 Pro introduces semi solid state battery technology, providing the enhanced thermal stability and safety assurance required for content creators, emergency responders, and field researchers.
Residential Energy: The Home Energy Brain
Moving from mobility to the home, Astravolt’s vision centers on residential energy autonomy, transforming every household from a passive electricity consumer into an active energy manager. The APOLLO series turns urban balconies into active energy generators through plug and play solar storage. AI systems automatically optimize charging around peak and off peak electricity pricing, while providing millisecond switchover during outages to ensure uninterrupted power. The HALO whole home energy storage system serves as the central hub, with cloud based visualization that puts energy control in homeowners’ hands.
Together, these systems create what Astravolt calls the “home energy brain”, a household microgrid that delivers triple benefits: safety through backup power resilience, economic savings through intelligent scheduling, and environmental value through maximized renewable utilization. Families benefit not only from lower electricity costs, but also greater energy independence.
Community and Urban Energy: The Virtual Power Plant
When personal and residential energy nodes are fully activated, a larger energy ecosystem emerges. Astravolt’s community and urban layer aggregates distributed storage resources into “virtual power plants” that enable neighborhood energy sharing and city level dispatch, transforming energy into shared community assets.
The HELIOS mobile storage and charging robot represents this vision. HELIOS revolutionizes charging infrastructure by shifting from “drivers seeking chargers” to “chargers finding vehicles.” Featuring autonomous navigation and high power fast charging capabilities, the robot deploys flexibly across parking structures, event venues, and urban centers without requiring construction or fixed installation. For users, it delivers convenient doorstep charging; for cities, it serves as a mobile grid balancing resource that reduces infrastructure strain during peak demand.
Building the Connective Infrastructure for Distributed Energy
“We’re building the connective infrastructure for distributed energy,” Kenneth Jing stated. “As renewable adoption accelerates and consumption becomes more distributed across electric vehicles, home batteries, and portable devices, the ability to intelligently coordinate these systems becomes increasingly valuable. Our differentiation lies in advanced battery safety technology, particularly our semi solid state chemistry; intelligent software that continuously improves system performance; and an open ecosystem vision that enables growth beyond our own hardware.”
About Astravolt
Astravolt is an intelligent energy technology company founded in 2023, driven by the core philosophy of “AI + Robotics + Digital Energy.” The company is dedicated to building an all scenario intelligent energy ecosystem spanning personal, home, community, and urban environments. By transforming energy storage from passive hardware into intelligent, connected networks, Astravolt provides global users with efficient, smart, and clean energy solutions that maximize renewable utilization and optimize efficiency.
From Portable Power to Connected Community Ecosystems: A Vision for All–Scenario Intelligent Energy
SAN JOSE, Calif., Feb. 7, 2026 /PRNewswire/ — Astravolt, an intelligent energy technology company, formally entered the North American market today with a comprehensive vision for an “all-scenario intelligent energy ecosystem.” The launch showcased the company’s inaugural line of portable power stations, while also placing a core emphasis on Astravolt’s long term strategy: shifting energy storage from isolated hardware to an interconnected, AI-driven network that spans personal, home, community, and urban environments.
Astravolt product launch event
Founded in 2023, Astravolt is built on the core philosophy of “AI + Robotics + Digital Energy.” The company is introducing the concept of “Active Intelligence”—a system architecture where energy devices do not merely store power passively but sense, predict, and autonomously optimize energy flow based on usage patterns, grid pricing, and environmental conditions.
“Energy storage has historically operated as isolated, passive hardware,” said Kenneth Jing, Technical Expert at Astravolt. “Our vision is to transform these systems into intelligent, connected devices that learn usage patterns, predict demand, and optimize performance over time. We’re applying the same AI and cloud principles that revolutionized smartphones and computing to energy infrastructure.”
A Unified Ecosystem Across Four Life Scenarios
Astravolt’s ecosystem connects four distinct layers, Personal Mobility, Residential Energy Autonomy, and Community and Urban Infrastructure, through a unified cloud management system. Each layer builds upon the next, creating a continuous loop where personal sustainable energy supplements home backup, home storage units respond to city grid demands, and urban mobile charging networks provide ultimate energy security for individuals and families alike.
Personal Mobility: The Intelligent Energy Companion
The ecosystem begins with the Nova Series, designed not merely as power stations but as intelligent mobile companions for diverse lifestyles. The Nova 300 delivers ultra quiet power for casual camping and everyday carry. The Nova 3000 serves as a high capacity mobile hub engineered to power extended RV journeys and off grid living. For professionals in demanding environments, the Nova 1200 Pro introduces semi solid state battery technology, providing the enhanced thermal stability and safety assurance required for content creators, emergency responders, and field researchers.
Residential Energy: The Home Energy Brain
Moving from mobility to the home, Astravolt’s vision centers on residential energy autonomy, transforming every household from a passive electricity consumer into an active energy manager. The APOLLO series turns urban balconies into active energy generators through plug and play solar storage. AI systems automatically optimize charging around peak and off peak electricity pricing, while providing millisecond switchover during outages to ensure uninterrupted power. The HALO whole home energy storage system serves as the central hub, with cloud based visualization that puts energy control in homeowners’ hands.
Together, these systems create what Astravolt calls the “home energy brain”, a household microgrid that delivers triple benefits: safety through backup power resilience, economic savings through intelligent scheduling, and environmental value through maximized renewable utilization. Families benefit not only from lower electricity costs, but also greater energy independence.
Community and Urban Energy: The Virtual Power Plant
When personal and residential energy nodes are fully activated, a larger energy ecosystem emerges. Astravolt’s community and urban layer aggregates distributed storage resources into “virtual power plants” that enable neighborhood energy sharing and city level dispatch, transforming energy into shared community assets.
The HELIOS mobile storage and charging robot represents this vision. HELIOS revolutionizes charging infrastructure by shifting from “drivers seeking chargers” to “chargers finding vehicles.” Featuring autonomous navigation and high power fast charging capabilities, the robot deploys flexibly across parking structures, event venues, and urban centers without requiring construction or fixed installation. For users, it delivers convenient doorstep charging; for cities, it serves as a mobile grid balancing resource that reduces infrastructure strain during peak demand.
Building the Connective Infrastructure for Distributed Energy
“We’re building the connective infrastructure for distributed energy,” Kenneth Jing stated. “As renewable adoption accelerates and consumption becomes more distributed across electric vehicles, home batteries, and portable devices, the ability to intelligently coordinate these systems becomes increasingly valuable. Our differentiation lies in advanced battery safety technology, particularly our semi solid state chemistry; intelligent software that continuously improves system performance; and an open ecosystem vision that enables growth beyond our own hardware.”
About Astravolt
Astravolt is an intelligent energy technology company founded in 2023, driven by the core philosophy of “AI + Robotics + Digital Energy.” The company is dedicated to building an all scenario intelligent energy ecosystem spanning personal, home, community, and urban environments. By transforming energy storage from passive hardware into intelligent, connected networks, Astravolt provides global users with efficient, smart, and clean energy solutions that maximize renewable utilization and optimize efficiency.
ITTIKAR, Mondevo Group’s AI-native merchant bank, served as exclusive advisor, deploying proprietary artificial intelligence across due diligence and execution.
ABU DHABI, United Arab Emirates and MILAN, Feb. 7, 2026 /PRNewswire/ — MondeVita, the lifestyle and luxury division of Mondevo Group, today announced the completion of its acquisition of Raffaele Caruso S.p.A. from Lanvin Group. The transaction was completed through MondeVita Italy S.r.l. and establishes Caruso as the cornerstone of MondeVita’s luxury platform. Founded in 1964 in Soragna (Parma), Caruso is among the world’s foremost manufacturers of luxury men’s tailoring. More than 450 artisans combine time-honoured craftsmanship with contemporary production techniques, serving leading global fashion houses and, through the Caruso brand, a curated network of the world’s finest menswear retailers. The company generates annual revenues of approximately €35 million.
The Role of ITTIKAR ITTIKAR, Mondevo Group’s AI-native merchant bank dedicated to family offices, served as exclusive advisor throughout the transaction. Developed by Mondevo Tech, the Group’s in-house technology division comprising more than 40 AI engineers in Singapore, ITTIKAR deployed proprietary AI agents to conduct comprehensive due diligence across financial statements, corporate governance, real estate, tax, workforce, and commercial contracts.
Hundreds of documents were analysed with a level of speed, depth, and consistency that materially enhanced decision-making and execution efficiency. The Caruso transaction serves as a proof of concept for ITTIKAR’s model, demonstrating how AI-native architecture can meaningfully augment traditional merchant banking capabilities in complex, cross-border acquisitions.
Leadership Commentary Hussam Otaibi, Founder of Mondevo Group, commented: “Caruso embodies everything MondeVita stands for: authentic heritage, world-class craftsmanship, and a strong national identity with global resonance. What distinguishes this transaction is ITTIKAR’s role – from due diligence through execution, our AI-native capabilities enabled a level of analytical depth and speed that would not have been achievable through conventional approaches. This represents the future of dealmaking for family offices.”
Fabio Brambilla, Co-Founder and Chief Executive Officer of Mondevo Group, added: “Caruso is precisely the type of business MondeVita was created to steward – a company where tradition, skilled craftsmanship, and brand identity converge into a first-class luxury product. The opportunity and ability to deploy ITTIKAR’s AI-native insight across the entire process, shaped both our conviction and the structure of this transaction. We now look forward to working alongside Marco Angeloni and his team in unlocking Caruso’s full potential, whilst continuing to build MondeVita’s luxury and lifestyle portfolio.”
Fabio Brambilla will serve as Chairman of Caruso and MondeVita. Marco Angeloni is confirmed as Chief Executive Officer and will become a minority shareholder, underscoring long-term alignment. The existing management team and Creative Director Max Kibardin remain in place. MondeVita’s mandate extends beyond this acquisition. The division is positioned to build a portfolio of exceptional heritage brands across luxury goods, premium beverages, hospitality, and wellness – sectors that remain traditionally fragmented and rich with opportunity, where long-term ownership, shared capabilities, and operational excellence can generate durable value.
About MondeVita MondeVita is the lifestyle and luxury division of Mondevo Group, focused on acquiring, developing, and elevating heritage brands across luxury goods, premium beverages, hospitality, and wellness. The acquisition of Caruso represents MondeVita’s first major investment.
About ITTIKAR ITTIKAR, headquartered in Abu Dhabi Global Market, is the world’s first AInative merchant bank built exclusively for family offices. Developed by Mondevo Tech, ITTIKAR deploys one dedicated AI agent per family office, delivering AI-enhanced deal origination, due diligence, transaction advisory, and portfolio monitoring.
About Raffaele Caruso S.p.A. Founded in 1964, Raffaele Caruso S.p.A. is an Italian high-end sartorial manufacturer headquartered in Soragna, in Italy’s Parma province. The company serves leading global fashion houses and develops the Caruso brand, defined by its philosophy of Playful Elegance. With more than 450 employees, Caruso combines artisanal excellence with industrial scale, and a strong brand identity.
About Mondevo Group Mondevo Group is a multi-divisional holding company headquartered in Abu Dhabi, operating at the intersection of technology, investment, and lifestyle. The group’s divisions span wealth management, venture capital, luxury and lifestyle, and foundational technology platforms. Mondevo’s mission is to harness AI-native capabilities and a global network of ultra-high-net-worth families to build enduring businesses across sectors with high barriers to entry and strong long-term growth potential.
ITTIKAR, Mondevo Group’s AI-native merchant bank, served as exclusive advisor, deploying proprietary artificial intelligence across due diligence and execution.
ABU DHABI, United Arab Emirates and MILAN, Feb. 7, 2026 /PRNewswire/ — MondeVita, the lifestyle and luxury division of Mondevo Group, today announced the completion of its acquisition of Raffaele Caruso S.p.A. from Lanvin Group. The transaction was completed through MondeVita Italy S.r.l. and establishes Caruso as the cornerstone of MondeVita’s luxury platform. Founded in 1964 in Soragna (Parma), Caruso is among the world’s foremost manufacturers of luxury men’s tailoring. More than 450 artisans combine time-honoured craftsmanship with contemporary production techniques, serving leading global fashion houses and, through the Caruso brand, a curated network of the world’s finest menswear retailers. The company generates annual revenues of approximately €35 million.
The Role of ITTIKAR ITTIKAR, Mondevo Group’s AI-native merchant bank dedicated to family offices, served as exclusive advisor throughout the transaction. Developed by Mondevo Tech, the Group’s in-house technology division comprising more than 40 AI engineers in Singapore, ITTIKAR deployed proprietary AI agents to conduct comprehensive due diligence across financial statements, corporate governance, real estate, tax, workforce, and commercial contracts.
Hundreds of documents were analysed with a level of speed, depth, and consistency that materially enhanced decision-making and execution efficiency. The Caruso transaction serves as a proof of concept for ITTIKAR’s model, demonstrating how AI-native architecture can meaningfully augment traditional merchant banking capabilities in complex, cross-border acquisitions.
Leadership Commentary Hussam Otaibi, Founder of Mondevo Group, commented: “Caruso embodies everything MondeVita stands for: authentic heritage, world-class craftsmanship, and a strong national identity with global resonance. What distinguishes this transaction is ITTIKAR’s role – from due diligence through execution, our AI-native capabilities enabled a level of analytical depth and speed that would not have been achievable through conventional approaches. This represents the future of dealmaking for family offices.”
Fabio Brambilla, Co-Founder and Chief Executive Officer of Mondevo Group, added: “Caruso is precisely the type of business MondeVita was created to steward – a company where tradition, skilled craftsmanship, and brand identity converge into a first-class luxury product. The opportunity and ability to deploy ITTIKAR’s AI-native insight across the entire process, shaped both our conviction and the structure of this transaction. We now look forward to working alongside Marco Angeloni and his team in unlocking Caruso’s full potential, whilst continuing to build MondeVita’s luxury and lifestyle portfolio.”
Fabio Brambilla will serve as Chairman of Caruso and MondeVita. Marco Angeloni is confirmed as Chief Executive Officer and will become a minority shareholder, underscoring long-term alignment. The existing management team and Creative Director Max Kibardin remain in place. MondeVita’s mandate extends beyond this acquisition. The division is positioned to build a portfolio of exceptional heritage brands across luxury goods, premium beverages, hospitality, and wellness – sectors that remain traditionally fragmented and rich with opportunity, where long-term ownership, shared capabilities, and operational excellence can generate durable value.
About MondeVita MondeVita is the lifestyle and luxury division of Mondevo Group, focused on acquiring, developing, and elevating heritage brands across luxury goods, premium beverages, hospitality, and wellness. The acquisition of Caruso represents MondeVita’s first major investment.
About ITTIKAR ITTIKAR, headquartered in Abu Dhabi Global Market, is the world’s first AInative merchant bank built exclusively for family offices. Developed by Mondevo Tech, ITTIKAR deploys one dedicated AI agent per family office, delivering AI-enhanced deal origination, due diligence, transaction advisory, and portfolio monitoring.
About Raffaele Caruso S.p.A. Founded in 1964, Raffaele Caruso S.p.A. is an Italian high-end sartorial manufacturer headquartered in Soragna, in Italy’s Parma province. The company serves leading global fashion houses and develops the Caruso brand, defined by its philosophy of Playful Elegance. With more than 450 employees, Caruso combines artisanal excellence with industrial scale, and a strong brand identity.
About Mondevo Group Mondevo Group is a multi-divisional holding company headquartered in Abu Dhabi, operating at the intersection of technology, investment, and lifestyle. The group’s divisions span wealth management, venture capital, luxury and lifestyle, and foundational technology platforms. Mondevo’s mission is to harness AI-native capabilities and a global network of ultra-high-net-worth families to build enduring businesses across sectors with high barriers to entry and strong long-term growth potential.
HEIDELBERG, GERMANY – News Aktuell – 5 February 2026 – After nine months of financial year 2025/26 (April 1 to December 31, 2025), developments at Heidelberger Druckmaschinen AG (HEIDELBERG) are in line with expectations. The company has achieved a considerable improvement in its profitability and is also resolutely pressing ahead with its strategic transformation, moving into new areas of business that are enjoying strong growth. Notwithstanding the challenging environment, sales after three quarters climbed to € 1,602 million – some 6.1 percent higher than the previous year’s figure of € 1,509 million – despite negative exchange rate effects amounting to around € 44 million compared with the equivalent period of the previous year. Business in Europe and with packaging and label printing presses saw particularly positive development during this period. At € 617 million, the sales figure for the third quarter was around 4 percent higher than in the equivalent quarter of the previous year and continued the quarter-on-quarter sales growth so far in the current financial year.
The HEIDELBERG Customer Portal is already the digital control center for over 3,000 print shops worldwide – a figure that is set to keep on growing.
The adjusted operating result (EBITDA) after nine months increased significantly to € 114 million (adjusted figure for equivalent period of previous year: € 86 million) and the adjusted EBITDA margin improved considerably to 7.1 percent (equivalent period of previous year: 5.7 percent). Implementation of the personnel and efficiency measures envisaged in the plan for the future is having a clear impact. For example, production costs and total working costs improved compared with the corresponding period of the previous year. The personnel cost ratio was lower than in the first nine months of the previous year, falling to 36 percent (equivalent period of previous year, adjusted for special items: 39 percent). The company is expecting personnel costs as a whole to remain below the previous year’s figure for the rest of financial year 2025/26.
Incoming orders after nine months totaled € 1,628 million (previous year: € 1,823 million). Allowing for the fact that drupa resulted in the previous year being very strong, they were therefore in line with expectations. During the reporting period, the company saw a significant impact from negative exchange rate effects amounting to some € 46 million. Incoming orders in the third quarter stood at € 517 million (corresponding quarter of previous year: € 550 million). The development of incoming orders in the third quarter was particularly positive in the Americas Region, where they were up 17 percent on the equivalent quarter of the previous year.
HEIDELBERG pressing ahead with strategic transformation and tapping into new growth markets
Despite a market environment that remains challenging, HEIDELBERG is consistently pursuing its strategic transformation. Based on its strong industry and systems expertise, the company is systematically tapping into additional markets in the areas of defense, security, energy, charging infrastructure, and industrial system solutions. One key aspect of this process is combining all relevant activities under HD Advanced Technologies GmbH. This strategic further development is building HEIDELBERG a stronger future and opening up long-term growth opportunities.
In the HEIDELBERG Technology segment, sales after nine months totaled € 42 million – slightly higher than the previous year’s figure of € 41 million. Even though the development of sales is moderate at present, the strategic measures that have been initiated provide a basis for HEIDELBERG Technology to potentially make a much bigger contribution to business as a whole. In particular, the continuing strategy of tapping into new industries and the creation of new business models are raising expectations of a positive sales trend in the coming years.
“The measures we have initiated are confirmation of our growth plan,” says Jürgen Otto, CEO of Heidelberger Druckmaschinen AG. “Both strategically and operationally speaking, HEIDELBERG is extremely well positioned to actively hone this plan and leverage additional opportunities in dynamic future markets,” he adds.
Core business lays foundations for transformation
At the same time as new areas of business are being unlocked, the company’s core business is also developing robustly. In the Print & Packaging Equipment segment, HEIDELBERG is benefiting from its strong market position in packaging and label printing. In the reporting period, this segment’s sales increased to € 804 million (previous year’s figure: € 705 million). In the Digital Solutions & Lifecycle segment, the company is further expanding its role as a systems integrator – with hybrid printing, software, and service solutions as part of a digital ecosystem. In this segment, HEIDELBERG achieved nine-month sales of € 755 million (previous year’s figure: € 763 million).
“Our strength lies in the intelligent way we combine presses, software, and service operations,” says Dr. David Schmedding, Chief Technology & Sales Officer. “By specifically expanding our digital printing portfolio and launching new high-performance systems such as the Jetfire 75, we are creating additional growth potential – both in our core business and beyond,” he emphasizes.
The free cash flow of HEIDELBERG after three quarters was € -81 million, an improvement on the previous year (equivalent period of previous year: € -97 million). As expected, however, it was still negative. This is due to the Polar acquisition and restructuring costs in the high single-digit million-euro range. The net result after taxes of € 17 million after nine months represented a significant increase (corresponding period of previous year: € -42 million).
The company is confirming its forecast for financial year 2025/26. A healthy order backlog, the current efficiency measures, and systematic implementation of the strategy are laying the foundations for achieving its targets. In view of macroeconomic developments, taking into account the various opportunities and risks, and assuming the global economy does not see weaker growth than predicted by the relevant institutions, the company is expecting sales of around € 2,350 million in financial year 2025/26 (2024/25: € 2,280 million). In view of the significant exchange rate effects, the continuing weak macroeconomic situation, and the uncertain trade situation, the company is assuming the increase in the adjusted EBITDA margin will be toward the lower end of the predicted range of up to 8 percent (previous year: 7.1 percent).
Image 1: A team from the Hoifu Group, gathered around Chairman Ou Shun Chou (front row, sixth from the left), with HEIDELBERG representatives including Steven Hou, General Manager South China, and Michael Nilges, Managing Director of the Shanghai site (front row, seventh and eighth from the left), during acceptance testing for the 1,000th Speedmaster CX 104 at the HEIDELBERG site in Shanghai.
Image 2: The digital printing line at rubmedia includes a Jetfire 50 and a Versafire LV from HEIDELBERG, as well as the corresponding postpress equipment. The media house can use this line for the complete, industrialized in-house production of personalized and high-quality short runs.
Image 3: The HEIDELBERG Customer Portal is already the digital control center for over 3,000 print shops worldwide – a figure that is set to keep on growing.
Important note: This release contains forward-looking statements based on assumptions and estimates by the management of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the management is of the opinion that these assumptions and estimates are accurate, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the overall economic situation, in exchange and interest rates, and within the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft provides no guarantee and assumes no liability for future developments and results deviating from the assumptions and estimates made in this press release.
Hashtag: #HEIDELBERGDruckmaschinenAG
The issuer is solely responsible for the content of this announcement.
About HEIDELBERG
Heidelberger Druckmaschinen AG (HEIDELBERG) is a leading technology company that has been standing for innovation, quality, and reliability in mechanical engineering worldwide for 175 years. With a clear focus on growth and as a total solution provider, HEIDELBERG is driving further development in the core areas of packaging and digital printing, software solutions, and lifecycle business with service and consumables so that customers can achieve maximum productivity and efficiency. The company is also focusing on expanding into new business areas such as high-precision plant engineering with integrated control systems, automation technology, robotics, and the growing green technologies sector. With its strong international presence in approximately 170 countries, the creative power and expertise of its roughly 9,500 employees, its own production facilities in Europe, China, and the USA, and one of the largest global sales and service networks, the company is ideally positioned for future growth.
