Heidelberger Druckmaschinen Aktiengesellschaft (HBGRY) Q2 2026 Earnings Call Prepared Remarks Transcript

Core Viewpoint - The company reported solid financial performance for the first half of the fiscal year 2025-'26, despite facing challenges from U.S. tariffs, economic uncertainty, and adverse foreign exchange effects [2][3]. Financial Performance - Underlying order intake for the first half year amounted to EUR 1.1 billion, reflecting a decline compared to the previous outstanding drupa year, primarily due to global economic conditions and hesitance in the U.S. market [3]. - Net sales improved by 8% year-over-year, despite facing a significant foreign exchange headwind of EUR 23 million, indicating a positive trend in underlying business performance [4]. Strategic Measures - The company's strategic measures are showing effectiveness, as evidenced by the strong demand across packaging systems integration, contributing to the overall net sales growth [4].