Heidelberger Druck enters defence sector, shares jump

Heidelberger Druckmaschinen AG

29/07/2025 09:28

** Heidelberger Druckmaschinen HDDG.DE shares are up around 20% after the offset printing presses maker said it will enter the defence sector through a cooperation deal with defence tech specialist Vincorion

** "We do not expect any relevant sales and earnings contributions for the group in the short term," LBBW analyst Stefan Maichl told Reuters

** However, he adds that the news sends a signal that new growth markets are being developed

** The stock is on track for its best day since January 2021

 (Reporting by Paolo Laudani)

 ((Paolo.laudani@thomsonreuters.com))