Media OutReach
HEIDELBERG forges ahead with transformation – foundations laid for medium-term growth
- Dual-use technology approach on target – establishing new areas of business based on core expertise boosts strategic diversification
- Strong partnerships – new Memorandum of Understanding to be announced at ILA between ONBERG and Ukrainian company
- Core business stable – global positioning ensures robust development and underlines market leadership
- Focus on efficiency – cost base streamlined and competitiveness strengthened
- Financial year 2025/2026 – EBITDA margin down on previous year, while sales and net result after taxes improve
- Outlook for financial year 2026/2027 – challenging geopolitical environment, systematic expansion of HEIDELBERG Technology growth segment
Strong partnerships – new Memorandum of Understanding to be announced at ILA between ONBERG and Ukrainian company
By systematically building up its defense business, HEIDELBERG has established a further new mainstay alongside its e-mobility subsidiary Amperfied. One example of this strategy in action is ONBERG, a joint venture with the US‑Israeli technology company Ondas that is focusing on autonomous anti-drone defense and security systems. The plan under this collaboration is to initially use the Brandenburg site for the sale and distribution of state-of-the-art anti-drone systems and subsequently industrialize these systems and put them into series production at the site. This strategy is drawing attention to the technological strength of HEIDELBERG in new markets, too. The next step is envisaged within the week – a new Memorandum of Understanding between ONBERG and a Ukrainian drone business regarding a potential partnership is set to be announced at the ILA Berlin Air Show.
“In recent months, we have significantly accelerated the strategic development of HEIDELBERG and further raised our profile as a technology-oriented high-tech business,” says Jürgen Otto, CEO of Heidelberger Druckmaschinen AG. “We are one of the world’s top companies when it comes to complex, high-precision mechanical engineering. With HD Advanced Technologies and our focus on dual-use technologies, we are leveraging this expertise and capacity to create additional, attractive areas of business alongside our core business in printing and packaging. Thanks to our broad technology base, we are successfully establishing partnerships in attractive growth areas, including service and software. Our goal is clear – to position HEIDELBERG as a high-performance, high-tech company with sustainable growth in profitability,” he adds.
Focus on core business – expanding digital business and becoming a systems integrator in packaging printing
HEIDELBERG is continuously expanding its portfolio in the growth area of digital printing. One particular driver of this development is the digital print ramp-up in the inkjet market. In parallel with this, HEIDELBERG is building on its position as a systems integrator and increasingly covering the entire packaging production value chain on an end-to-end basis. One key focus is on processes upstream and downstream of actual printing. For example, HEIDELBERG has substantially extended its strategic postpress packaging partnership with the Chinese manufacturer Masterwork, moving beyond the previous sales and distribution collaboration. At the same time, the company is pressing ahead with the technological development of its core business portfolio and systematically expanding its activities in growth regions such as Latin America, Vietnam, and India. In addition to this, focused strategic M&A measures such as acquiring the brand rights of Polar are further strengthening the portfolio.
“The packaging market is a key growth engine for HEIDELBERG, because it is being driven by global trends such as population growth, urbanization, and the necessity for sustainable business practices. We are systematically extending our solutions to cover the entire manufacturing process in packaging production – from substrate selection, printing, postpress operations, and logistics all the way through to digital integration,” explains Dr. David Schmedding, Chief Technology & Sales Officer at HEIDELBERG.
Focus on efficiency – cost base streamlined and competitiveness strengthened
Effective efficiency measures such as completely relocating production of the Speedmaster CX104 to China and opening a new site in North Macedonia to reduce future manufacturing costs for individual product groups are helping to further optimize the cost structure. Overall, important progress has been made with key cost and efficiency targets. For example, the plan for the future at the company’s German sites is exceeding expectations and playing a key role in adjusting the personnel cost structure and strengthening competitiveness.
Financial year 2025/2026 – EBITDA margin down on previous year, while sales and net result after taxes improve
HEIDELBERG has held its own in a difficult environment, keeping its operational performance stable and even significantly improving its net result after taxes. The audited business figures for financial year 2025/2026 confirm the preliminary figures already published. For example, sales in the reporting period were slightly up on the previous year’s figure of € 2,280 million at € 2,293 million. Sales adjusted for exchange rate movements amounted to around € 2,362 million. Sales increased in the EMEA (Europe, Middle East, and Africa) and Americas regions. The positive trend for incoming orders in the final quarters of previous years continued. The figure of € 619 million for the fourth quarter was the highest during the reporting year and also higher than in the previous year. Over the year as a whole, however, the current geopolitical tensions had an adverse effect on incoming orders, which totaled € 2,246 million (previous year: € 2,433 million). In the year under review, incoming orders were also affected by negative exchange rate effects amounting to some € 71 million.
During the reporting period, the HEIDELBERG Technology segment’s incoming orders and sales were both up on the previous year. EBITDA improved slightly compared with the previous year but remained negative. In the Print & Packaging Equipment segment, incoming orders fell in financial year 2025/2026, but sales increased slightly. The adjusted EBITDA figure was down on the previous year. The Digital Solutions & Lifecycle segment recorded lower incoming orders than in the previous year and sales fell slightly. The adjusted EBITDA figure for financial year 2025/2026 was also slightly down on the previous year’s level.
The overall adjusted EBITDA margin of 6.6 percent for financial year 2025/2026 was in line with the adjusted forecast and therefore below the previous year’s figure (7.1 percent). This was due to bringing forward investments and expenditure for new, promising activities outside of the company’s core business (especially in the area of security and defense). Further factors in addition to another sudden drop in investment demand due to the onset of the war in the Middle East – and the associated supply bottlenecks, order delays, and increases in energy prices – included tariffs, continuing negative exchange rate effects (reducing EBITDA by € 20 million), and a less favorable product mix than in the previous year. Key positive aspects were the improvement in the cost structure (personnel costs, for instance), efficiency and structural measures, and the visible successes of the measures established in the plan for the future.
Before adjustment for special items, EBITDA increased from € 137 million in the previous year to € 145 million in the reporting year. The net result after taxes in the reporting period tripled to € 15 million (previous year: € 5 million). The free cash flow in the year under review totaled € -19 million (previous year: € 51 million). The equity ratio improved to 27 percent (previous year: 25 percent).
Outlook for financial year 2026/2027 –challenging geopolitical environment, systematic expansion of HEIDELBERG Technology growth segment
Forecast planning for financial year 2026/2027 (April 1, 2026 to March 31, 2027) is based on the underlying economic and sector-specific conditions in the markets that are relevant to HEIDELBERG. Forecasts are also conditional on the global economy growing at least to the extent currently anticipated by economic research institutions.
Based on the above assumptions, the company forecasts stable Group sales matching the previous year’s level in financial year 2026/2027 and a noticeable improvement in the adjusted EBITDA margin compared with the previous year. It is assumed that there will be no substantial changes in relevant exchange rates for business activities.
Important note:
This release contains forward-looking statements based on assumptions and estimates by the management of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the management is of the opinion that these assumptions and estimates are accurate, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the overall economic situation, in exchange and interest rates, and within the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft provides no guarantee and assumes no liability for future developments and results deviating from the assumptions and estimates made in this press release.
Hashtag: #HEIDELBERGDruckmaschinenAG
The issuer is solely responsible for the content of this announcement.
About HEIDELBERG
Heidelberger Druckmaschinen AG (HEIDELBERG) is a leading technology company that has been standing for innovation, quality, and reliability in mechanical engineering worldwide for more than 175 years. With a clear focus on growth and as a total solution provider and system integrator, HEIDELBERG is driving further development in the core areas of packaging and digital printing, software solutions, and lifecycle business with service and consumables so that customers can achieve maximum productivity and efficiency. Building on decades of industry and system expertise, the company is also systematically tapping into new markets in the areas of security, energy, charging infrastructure, and industrial system solutions—with a clear scaling expertise and attractive growth prospects. With its strong international presence in approximately 170 countries, the creative power and expertise of its roughly 9,500 employees, its own production facilities in Europe, China, and the USA, and one of the largest global sales and service networks, the company is globally well positioned.
Image material and further information about the company are available in the 
Investor Relations portal and Press Lounge of Heidelberger Druckmaschinen AG at www.heidelberg.com.
Media OutReach
Industry expert Jason Gerlis has been appointed as the Chief Revenue Officer at GoGlobal
With more than 15 years’ experience in helping businesses to scale internationally, his role will be to drive revenue growth at GoGlobal, align this to delivery excellence and add long-term value to those companies looking to expand and operate overseas.
“I’m delighted to welcome Jason into the fold,” states Jeremy Wastall, CEO at GoGlobal. “His extensive industry knowledge and global corporate services background support our strategy to deliver best‑in‑class business expansion and operational solutions to clients looking to enter new markets compliantly, and at speed.”
His appointment is also in-line with the company’s aim to build a business where cultural fit and mindset are just as important as experience.
“Alongside his impressive experience, Jason’s approach to leadership aligns with our brand values. I have full confidence in his ability to create a world-class environment where his teams will grow and excel,” adds Jeremy.
The move follows a series of recent senior hires and strategic investments designed to enhance GoGlobal’s ambitious growth plans, which include greater geographic reach, deeper technology capabilities and the continued development of market-winning solutions for clients.
Independence and long‑term focus
Explaining what drew him to GoGlobal, Jason points to the company’s independence and investment strategy.
“GoGlobal’s independence is a real strength,” he states. “It gives the business the freedom to invest in what genuinely matters to clients and focus on building sustainable, future growth. That long‑term perspective leads to better client outcomes, stronger partnerships and a more engaged, motivated workforce.”
Jason also highlights the company’s culture which is deeply grounded in servicing clients’ needs as a reason to join the business. He notes: “Understanding, consistency, collaboration and responsiveness are at the foundation of GoGlobal’s approach to client service, all of which resonate with me.
“And it’s these values and business ethics that truly set GoGlobal apart,” he concludes.
Strengthening global networks
Based in Charlotte, USA, Jason will spend his first months in the role engaging closely with GoGlobal’s global clients and partner ecosystem, while helping shape the company’s long‑term commercial strategy.
“I’m excited to work with clients across the full spectrum — from fast‑growing start‑ups and venture / private equity‑backed businesses to large multinationals — as we continue to build GoGlobal’s future roadmap,” he states.
Prior to joining GoGlobal, Jason spent five years as Global Head of Corporate Services at Ocorian and held several senior leadership roles at TMF Group over seven years, including Global Head of Consulting and Regional Director for North America and the Caribbean.
Hashtag: #GoGlobal
https://goglobal.com/
https://www.linkedin.com/company/goglobalgeo/
Wechat: GoGlobal环瑀
The issuer is solely responsible for the content of this announcement.
GoGlobal
GoGlobal – the global expansion business – helps companies set up and manage global operations compliantly and confidently. By combining global expertise with local execution, GoGlobal supports market entry, M&A activity and vendor consolidation through a single point of accountability.
Founded eight years ago in 2018, GoGlobal has grown from a startup into a fully decentralized global organization, supporting thousands of clients with their own growth stories.
It now has over 450 internal employees, operating across 85+ countries, and has enabled more than 1,000 clients to establish and manage their global operations across 145 markets.
Services include entity setup, compliance and management; accounting and tax services; HR and payroll support; Employer of Record (EOR); and Independent Contractor Solutions (ICS).
GoGlobal is headquartered in Tokyo but the leadership and operational teams are worldwide, enabling seamless support across time zones.
Media OutReach
Korean Liquor (K-SUUL), Raises Its First Flag for Globalization on Asia’s Largest Stage
“K-SUUL Pavilion” to Open for the First Time at the HKCEC on May 26-28
HONG KONG SAR – Media OutReach Newswire – 10 June 2026 – The National Tax Service of Korea (Commissioner: Lim Kwang-hyun), for the first time, opened the “K-SUUL Pavilion” at Vinexpo Asia[1], which was held for three days from May 26 to 28 at the Hong Kong Convention and Exhibition Centre (HKCEC).
The opening of the “K-SUUL Pavilion” was served as a key milestone in raising the global profile of Korean alcoholic beverages and expanding overseas exports.
At the inaugural “K-SUUL AWARDS” held by National Tax Service of Korea last December, 175 small and medium-sized liquor producers from across Korea submitted a total of 366 products. Following document screening and blind testing, 12 products were selected.
The award-winning liquors, selected through a fair judging process with the participation of Korean citizens, was introduced to the global market through this exhibition, marking their first step toward overseas expansion.
The “K-SUUL Pavilion” was operated through cooperation between the National Tax Service of Korea and the liquor industry and association (the Korea Alcohol and Liquor Industry Association). It was designed as an integrated promotional platform to strengthen the export competitiveness of Korean alcoholic beverages and develop overseas sales channels.
The “K-SUUL Pavilion” was operated with a total of 16 booths (display and tasting booths), and 12 companies — including winners of the K-SUUL AWARDS — participated to hold consultations with overseas buyers.
Participating companies ranged from traditional liquor breweries to regional soju producers and major liquor companies, showcasing the diverse spectrum of Korea’s alcoholic beverage industry on a single stage.
In addition to the booths operated by the 12 participating companies, a dedicated booth was set up exclusively to showcase the award-winning liquors, further highlighting the significance of the K-SUUL AWARDS.
At the venue, promotional videos of the award-winning liquors were screened, while English-language brochures and souvenirs were distributed to attract local buyers and visitors to raise awareness of Korean alcoholic beverages.
In addition, meetings with the organizers of Vinexpo Asia, overseas buyers, and distribution industry officials were also held to identify rapidly changing global liquor market trends and assess the overseas expansion potential of Korean alcoholic beverages.
Han Yeong-seok Fermentation Research Institute expressed gratitude for being given the opportunity to participate in the exhibition, saying, “It was meaningful to showcase our award-winning liquor, ‘Dohan Cheongmyeongju,’ on the same stage as liquors from around the world through this exhibition. We did our best to promote Korea’s unique fermentation culture and the value of Korean liquor to the world.”
Going forward, the National Tax Service of Korea will continue to enhance the substance of the K-SUUL AWARDS, continuously discover outstanding liquors from promising small and medium-sized enterprises, and will actively support the globalization of Korean liquor (K-SUUL) by promoting it both domestically and internationally and helping these businesses expand their sales channels.
Hashtag: #K-SUUL
The issuer is solely responsible for the content of this announcement.
Media OutReach
YesAsia Holdings Advances Dual-Engine Strategy with First YesStyle Concept Store in the US
Driving O2O Synergy: Expanding Offline Reach to Complement B2C Strategy
Celebrating 20 years of delivering trending Asian products worldwide, YesStyle has transformed 1,500 square feet into an immersive retail fantasy. Serving as a strategic extension of the Group’s core B2C business, this new physical footprint enhances offline visibility and reaches a wider demographic of consumers who value hands-on product discovery and immediate purchase. The store offers a “Yesful playground” where beauty lovers can connect with over 60 Asian brands, featuring interactive makeup stations with beloved K-beauty labels like UNLEASHIA, dasique, fwee, and rom&nd, alongside a customizable mask bar. This experiential retail environment functions as a powerful, culturally rich marketing engine, generating offline brand awareness and foot traffic that seamlessly feeds into the digital platform, creating a complementary offline-to-online (O2O) loop that supports repeat purchases and maximizes customer lifetime value (LTV).
Mr. Joshua Lau, Founder, Executive Director and Chief Executive Officer of YesAsia Holdings said: “The launch of YesStyle‘s retail store marks a significant milestone for our brand, as we bring our top-tier and bestselling K-beauty products, along with advanced skin care innovation, into an offline setting for customers in the Bay Area. The Bay Area holds a special place in our history as the city where the Group was founded and where our first office was established. Opening our first YesStyle beauty retail store here feels like coming home and reinforces our commitment to continue innovating and delivering exceptional experiences to our customers, both online and offline.”
Empowering the B2B Wholesale Business AsiaBeautyWholesale (ABW) Growth
This physical retail expansion also creates substantial value for YesAsia Holdings’ B2B operations, ABW. By physically showcasing a curated yet expansive selection of bestselling Korean beauty brands, including SKIN1004, Medicube, Anua, Dr. Althea, Beauty of Joseon, COSRX, and more, in a premium US retail environment, YesStyle acts as an effective market-testing ground. The elevated brand awareness and consumer validation generated at the retail level will bolster confidence among other local US retailers and distributors, effectively catalyzing B2B orders and driving synergistic growth across both of the Group’s core business modules.
Hashtag: #YesAsia #YesStyle
The issuer is solely responsible for the content of this announcement.
About YesAsia Holdings Limited (02209.HK)
Established in 1997, YesAsia Holdings is a leading e-commerce platform operator recognized for its expertise in identifying and procuring quality Asian beauty, fashion, lifestyle and entertainment products. Headquartered in Hong Kong, the Group deliver products promptly and efficiently to a global audience through its strong ties with over 400 leading Asian beauty brand and supplier partners. The Group operates three major platforms: YesStyle, an e-commerce B2C platform for serving the increasingly popular Asian beauty, fashion and lifestyle products, particularly Korean beauty products; AsianBeautyWholesale, a B2B platform for Asian beauty products; and YesAsia, an e-commerce retail platform for entertainment products. YesAsia Holdings is a constituent of the MSCI Hong Kong Micro Cap Index.
For more information, please visit the Group’s official website: https://www.yesasiaholdings.com/
About YesStyle
YesStyle, a global B2C online retailer under YesAsia Holdings Limited. (02209.HK), is the go-to destination for the largest selection of authentic Asian beauty, fashion, and lifestyle products. As an authorized retailer of 400+ premium K-beauty brands, YesStyle aims to help everyone find their ‘yes!’ through innovative beauty inspired by Asia, friendly guidance and smart prices since 2006.
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