Heidelberg wallboxes far exceed sales expectations – e-mobility business already profitable
Based on provisional figures for financial year 2020/21 (April 1, 2020 to March 31, 2021) that are yet to be audited, Heidelberger Druckmaschinen AG (Heidelberg) has far exceeded its own growth predictions in the area of e-mobility. Soaring demand has resulted in sales of over € 20 million – some way above the target of around € 15 million communicated in the fall of 2020, which was already far higher than the figure of around € 10 million for the previous year. Furthermore, despite increased growth investments, Heidelberg has already achieved a positive margin for its electric vehicle charging stations (wallboxes). Since moving into this segment just three years ago on the basis of the technology expertise and innovation know-how available in-house, Heidelberg has increased its market share in German-speaking countries to approximately 20 percent. The company has sold some 45,000 wallboxes to end customers since 2018.
“With its wallboxes, Heidelberg has taken up a leading position in a market that is enjoying rapid growth. Demand for our products is booming, and we’ve significantly exceeded our sales targets for financial year 2020/21. Despite the start-up nature of the business, we’re already in the black. We intend to further increase the value of the Group as a whole by rapidly expanding our e-mobility portfolio,” says Heidelberg CEO Rainer Hundsdörfer.