Heidelberger Druckmaschinen AG HDD
XETR · Germany · Producer Manufacturing
€1.42+0.02 (+1.36%)
Market open· · EUR · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market open· · EUR · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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The partnership will combine manufacturing, packaging, and logistics processes into a single operating model.
Heidelberger Druckmaschinen Aktiengesellschaft (ETR:HDD) said it is pursuing a strategy to expand beyond its traditional print and packaging equipment business while maintaining its full-year guidance following a first quarter marked by lower sales and profitability. Speaking at an mwb conference,
Despite a 13% sales decline and a net loss of EUR32 million, the company's order backlog surged to EUR762 million, fueled by strong Asia-Pacific demand and new ventures in defense and energy storage.
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