31.03.2016
Heidelberger Druckmaschinen AG DE0007314007
DGAP-Adhoc: Heidelberger Druckmaschinen AG: European Investment Bank funds Heidelberg's R&D activities, taking digitisation to next level
Heidelberger Druckmaschinen AG / Key word(s): Financing
31.03.2016 15:47
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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A EUR 100 million loan from the European Investment Bank (EIB) is to
support the research and development (R&D) activities of Heidelberger
Druckmaschinen AG (Heidelberg), focusing on digitisation, software
integration and expansion of the digital printing portfolio. To help
finance the R&D programme, which will span several years, the EIB is
providing the company with a development loan that can be drawn down in
tranches, each with a seven-year term. This is the first time a large
German company has benefited from the European Fund for Strategic
Investments (EFSI) - the centrepiece of the Investment Plan for Europe.
For additional details about the company and image material, please visit
the Press Lounge of Heidelberger Druckmaschinen AG at www.heidelberg.com.
Contact:
Heidelberger Druckmaschinen AG
Corporate Public Relations
Thomas Fichtl
Phone: +49 (0)6222 82-67123
Fax: +49 (0)6222 82-67129
E-mail: [email protected]
Investor Relations
Robin Karpp
Phone: +49 (0)6222 82-67120
Fax: +49 (0)6222 82-99 67120
E-Mail: [email protected]
Important note:
This press release contains forward-looking statements based on assumptions
and estimations by the Management Board of Heidelberger Druckmaschinen
Aktiengesellschaft. Even though the Management Board is of the opinion that
those assumptions and estimations are realistic, the actual future
development and results may deviate substantially from these
forward-looking statements due to various factors, such as changes in the
macroeconomic situation, exchange rates, interest rates and the print media
industry. Heidelberger Druckmaschinen Aktiengesellschaft gives no warranty
and does not assume liability for any damages if the future development and
projected results do not correspond with the forward-looking statements
contained in this press release.
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Information and Explanation of the Issuer to this News:
European Investment Bank funds Heidelberg's R&D activities, taking
digitisation to next level
A EUR 100 million loan from the European Investment Bank (EIB) is to
support the research and development (R&D) activities of Heidelberger
Druckmaschinen AG (Heidelberg), focusing on digitisation, software
integration and expansion of the digital printing portfolio. To help
finance the R&D program, which will span several years, the EIB is
providing the company with a development loan that can be drawn down in
tranches, each with a seven-year term. This is the first time a large
German company has benefited from the European Fund for Strategic
Investments (EFSI) - the centrepiece of the Investment Plan for Europe.
'We see the digitised and industrially organised print shop as an essential
element for successful business models in our sector in the future. Working
with our partners, we want to develop futureproof products and services
that will help our customers to be successful,' says Gerold Linzbach,
Heidelberg's CEO.
'I'm delighted that our first EFSI project for a German corporate customer
allows us to support a company whose products and services have long
enabled it to stand its ground in a challenging market,' said Ambroise
Fayolle, EIB Vice-President responsible for lending in Germany. 'Heidelberg
proves that it pays to invest in research and development, and EFSI is
helping to keep this innovative spirit alive in Europe.'
The EIB funding will help Heidelberg drive digitisation in the industry and
further expand the packaging, digital and services growth segments. One
focal point in this respect is making print shops more competitive by
integrating and automating the entire value chain of industrial customers.
To that end systems, combined with appropriate services, will in future
operate ever more autonomously. Another aim is to enable the company's
customers to expand their business models with new digital printing
solutions.
Long-term financing framework lays foundation for further strategic
corporate development
Following on from last year's comprehensive refinancing activities, the EIB
loan, which has a long-term focus stretching to 2024, rounds off the
company's financing mix, helping it to continue pursuing its strategy of
innovation in the field of digitisation.
'Over the next seven years, the EIB development loan will help us finance
our research and development projects for digitisation on attractive terms.
The financing framework is the basis for implementing the innovation
strategy at Heidelberg and thus achieving the sustained profitable growth
we are aiming for,' says Heidelberg CFO Dirk Kaliebe.
Background:
European Investment Bank and European Fund for Strategic Investments
The European Investment Bank is the European Union's bank. Its shareholders
are the EU Member States. The EIB makes long-term finance available for
sound investment projects that tie in with EU policy goals, such as making
European countries more competitive and supporting sustainable growth.
EFSI is an initiative launched jointly by the EIB Group and the European
Commission to help overcome the current investment gap in the EU. By
mobilising private finance, it aims to make Europe more competitive and
create high-quality jobs. A EUR 21 billion EU/EIB guarantee is expected to
unlock EUR 315 billion of additional investment in the real economy by
mid-2108.
Heidelberger Druckmaschinen AG
Heidelberger Druckmaschinen Aktiengesellschaft (Heidelberg) is a major
supplier to the global printing industry. The company's business model is
based on three pillars - equipment, services and consumables. Heidelberg
develops and produces core technologies in-house. The company manufactures
highly automated, customised machines in a variety of configurations in
Germany and has a total of 12,000 employees worldwide.
For additional details about the company and image material, please visit
the Press Lounge of Heidelberger Druckmaschinen AG at www.heidelberg.com.
Further information:
Heidelberger Druckmaschinen AG
Corporate Public Relations
Thomas Fichtl
Phone: +49 (0)6222 82-67123
Fax: +49 (0)6222 82-67129
E-mail: [email protected]
Investor Relations
Robin Karpp
Phone: +49 (0)6222 82-67120
Fax: +49 (0)6222 82-99 67120
E-mail: [email protected]
European Investment Bank
Press Office
Christof Roche
Phone: +352 (0)4379 89013
E-mail: [email protected]
Important note:
This press release contains forward-looking statements based on assumptions
and estimations by the Management Board of Heidelberger Druckmaschinen
Aktiengesellschaft. Even though the Management Board is of the opinion that
those assumptions and estimations are realistic, the actual future
development and results may deviate substantially from these
forward-looking statements due to various factors, such as changes in the
macroeconomic situation, exchange rates, interest rates and the print media
industry. Heidelberger Druckmaschinen Aktiengesellschaft gives no warranty
and does not assume liability for any damages if the future development and
projected results do not correspond with the forward-looking statements
contained in this press release.
31.03.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Heidelberger Druckmaschinen AG
Kurfürsten-Anlage 52-60
69115 Heidelberg
Germany
Phone: +49 (0)6222 82-67121
Fax: +49 (0)6222 82-67129
E-mail: [email protected]
Internet: www.heidelberg.com
ISIN: DE0007314007
WKN: 731400
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart; Terminbörse EUREX
End of Announcement DGAP News-Service
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