Heidelberg reports 'faster progress' as shares spike
Heidelberg reports 'faster progress' as shares spike Jo Francis Wednesday, February 10, 2021 Heidelberg’s share price jumped by 25% after it reported a recovery in demand in China and Europe and upgraded its operating profit forecasts for the full year. Heidelberg is doubling Wallbox production In its Q3 and nine-month report, Heidelberg said that despite expecting an overall fall in sales year-on-year of as much as €500m (£438m), it was anticipating EBITDA margins prior to restructuring costs of around 7% (prior year: 4.3%). Sales in the group jumped ...
Source: printweek.com