The lack of volumes and intensifying price pressure have resulted in quite sizeable operating and net losses in the last quarter. In addition and as business conditions remained weak in Germany and most of Europe, the product mix changed which resulted in further profit pressure.
21 Jan 2020
9M sales and orders reasonable, earnings negative
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9M sales and orders reasonable, earnings negative
Heidelberger Druckmaschinen AG (HDD:WBO) | 0 0 -0.4% | Mkt Cap: 802.2m
- Published:
21 Jan 2020 -
Author:
Hans-Peter Wodniok -
Pages:
2
The lack of volumes and intensifying price pressure have resulted in quite sizeable operating and net losses in the last quarter. In addition and as business conditions remained weak in Germany and most of Europe, the product mix changed which resulted in further profit pressure.