Heidelberger Druck enters defence sector, shares jump
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))
Recent news on Heidelberger Druckmaschinen AG
See all newsBrief: Heidelberger Druckmaschinen - Q1 Sales € 404 Million Versus € 466 Million Last Year
Brief: Christoph Burkhard Will Become The New CFO Of Heidelberger Druckmaschinen
Brief: Heidelberger Druckmaschinen Agrees On Full Takeover Of POLAR
Brief: Heidelberg Integrates Lifecycle Business And Global Sales And Service Companies Of The Manroland Sheetfed Group
Brief: Heidelberger Druckmaschinen: Aim To Generate Positive Cash Flow From Defence Products By 2027