Heidelberger Druck soars after unit launches defence JV

Heidelberger Druckmaschinen AG

15/04/2026 09:30

** Shares in Heidelberger Druckmaschinen HDDG.DE jump 17% after the German offset printing presses maker said on Tuesday its subsidiary HD Advanced Technologies had launched a joint venture with Ondas Autonomous Systems in the automated drone defence field

** "This apparently inspires too much imagination," a local trader says

** Shares reach their highest level in over two months, outperforming the STOXX index, which remains flat

** Last year in July, the stock gained 20% after the company entered the defence sector

 (Reporting by Sanne Schimanski and Anastasiia Kozlova)

 ((Anastasiia.Kozlova@thomsonreuters.com))