Burkhard becomes CFO: Heidelberger Druckmaschinen stock sits 41.25 percent below its high

Published on 10/01/2026 at 16:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Burkhard starts as CFO on October 1, 2026 as Herdin retires. Heidelberger Druckmaschinen stock costs EUR 1.41 after EUR 1.43, minus 1.40 percent.

Schwarzweiß-Reportagefoto von Arbeitern an Druckmaschinenwalzen in einer Fabrikhalle — Heidelberger Druckmaschinen DE0007314007 zeigt dokumentarische Schwarzweiß Aufnahme von Facharbeitern an schweren industriellen Druckmaschinenwalzen, Illustration mit AI erstellt.

Christoph Burkhard became CFO of Heidelberger Druckmaschinen on October 1, 2026, while the stock stood at EUR 1.41 at Lang & Schwarz at 4:31 p.m. CEST. At that price, it was 41.25 percent below the current 52-week high of EUR 2.40, giving the leadership change a clear valuation backdrop. HEIDELBERG lists Burkhard as a management board member and CFO from October 1, 2026.

New CFO inherits a weak quarter

The handover follows a difficult first quarter of fiscal 2026/27, which covered April through June. According to Börse Express on September 2, 2026, revenue fell 13.00 percent year over year to EUR 404.0 million, while adjusted EBITDA reached EUR 1.0 million and the net loss was EUR 32.0 million.

The order intake also declined 3.94 percent to EUR 537.0 million from EUR 559.0 million in the prior-year quarter. Management nevertheless confirmed full-year guidance for stable revenue and an improved adjusted EBITDA margin, placing more pressure on the second half of fiscal 2026/27.

Targets point above the market

Börse Express reported on September 2, 2026 that Warburg Research kept its Buy rating and a EUR 1.80 price target. The same report said mwb Research also kept a Buy rating but cut its target from EUR 2.50 to EUR 2.35.

Against the Lang & Schwarz price of EUR 1.41, the Warburg target lies 27.66 percent above the price, while the mwb target lies 66.67 percent above it. Those targets frame the central debate: the market is pricing a difficult operating phase, while analysts are counting on stronger execution later in the fiscal year.

Next report arrives in November

The next reporting date is November 12, 2026, according to TradingView. The company therefore enters Burkhard's first CFO period with revenue of EUR 404.0 million in the latest quarter, a EUR 32.0 million loss and a confirmed full-year outlook.

Stock remains below yearly high

Heidelberger Druckmaschinen stock was trading at EUR 1.41 at Lang & Schwarz on October 1, 2026 at 4:31 p.m. CEST, down 1.40 percent versus the prior close of EUR 1.43. The finance data snapshot puts the 52-week range at EUR 1.29 to EUR 2.40 and market capitalization at EUR 430.9 million as of October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of Heideldruck stock.