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Q1 2023 Heidelberger Druckmaschinen AG Earnings Call Transcript
Thank you. Good afternoon, ladies and gentlemen, and welcome to Heidelberger's Analyst Conference on the First Quarter of our Fiscal Year '22-'23.
Our first slide shows you the agenda of today's call. I will start by giving you my summary on the quarter. After that, my colleague, Marcus Wassenberg, will present and discuss the financials in some more detail. In the highlights section, I will talk about the product pipeline of our e-mobility business today. And finally, we will provide an update on our outlook for the fiscal year.
Well, let's turn to the overview slide. I'm really pleased to report that Heidelberger had a good start into the fiscal year. Both sales and profit were up year-on-year. Orders continue to be on quite a high level and even increased by 7% quarter-on-quarter. However, orders were a bit lower than last year as the first quarter of fiscal year 2021-'22 included order intake of around EUR 50 million from the China print trade show. And this year, there was no comparable
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