Heidelberger Druckmaschinen Shares Surge on Service, Packaging Expansion
Heidelberger Druckmaschinen, a leading printing press manufacturer, has seen its shares rise significantly recently, attracting buyers after a brief weakness phase. The company's expansion into pca and packaging offerings, along with a 20 percent price increase, has fuelled expectations. Its acquisition of service businesses from packaging specialist Gerhard Schubert GmbH is another notable development.
Heidelberger Druckmaschinen's strategy to diversify into services and packaging is paying off. The company's stable services revenues help cushion the cyclical nature of classic machine sales. Investors are drawn to the potential for more recurring income and closer customer relationships, which are seen as positives for the company's future.
The recent acquisition of service businesses from Gerhard Schubert GmbH, founded by Gerhard Schubert, is expected to bring further opportunities as Heidelberger Druckmaschinen aims to increase its services share. While analysts acknowledge the company's change in course, they remain cautious about setting specific targets.
Heidelberger Druckmaschinen's shares have gained significantly, buoyed by expansion into services and packaging, and a recent acquisition. The company's ability to increase its services share is seen as crucial for supporting its share price increase. Despite analyst caution, investors are attracted to the potential for recurring income and stronger customer relationships.
