Heidelberg returns to the SDAX

The company confirms the successful transformation

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Heidelberg is returning to the SDAX
Heidelberg is returning to the SDAX Photo: Heidelberg

In the course of the regular review of the German stock market indices, the German Stock Exchange announced the return of Heidelberger Druckmaschinen (Heidelberg) to the SDAX. This reflects the fact that the company’s market capitalization has more than tripled in the last twelve months to over Euro 700 million. 

The company sees the very clear upward trend in the share price to well over two Euro most recently, confirming the Group’s successful transformation into a profitably growing technology company. It intends to continue this development in the future by implementing its strategy.

“We would like to thank our employees for their great work over the past 12 months. The return to the SDAX is both confirmation and incentive for us. Confirmation of the successful transformation of Heidelberg in recent quarters and an incentive to continue doing everything we can to ensure that all our stakeholders benefit from our positive performance through sustainable value growth,” comments Rainer Hundsdörfer, the company’s chief executive officer.

 

2023 promises an interesting ride for print in India

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. While the print and packaging industries have been resilient in the past 33 months since the pandemic lockdown of 25 March 2020, the commercial printing and newspaper industries have yet to recover their pre-Covid trajectory.

The fragmented commercial printing industry faces substantial challenges as does the newspaper industry. While digital short-run printing and the signage industry seem to be recovering a bit faster, ultimately their growth will also be moderated by the progress of the overall economy. On the other hand book printing exports are doing well but they too face several supply-chain and logistics challenges.

The price of publication papers including newsprint has been high in the past year while availability is diminished by several mills shutting down their publication paper and newsprint machines in the past four years. Indian paper mills are also exporting many types of paper and have raised prices for Indian printers. To some extent, this has helped in the recovery of the digital printing industry with its on-demand short-run and low-wastage paradigm.

Ultimately digital print and other digital channels will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future. For instance, there is no alternative to a rise in textbook consumption but this segment will only reach normality in the next financial year beginning on 1 April 2023.

Thus while the new normal is a moving target and many commercial printers look to diversification, we believe that our target audiences may shift and change. Like them, we will also have to adapt with agility to keep up with their business and technical information needs.

Our 2023 media kit is ready, and it is the right time to take stock and reconnect with your potential markets and customers. Print is the glue for the growth of liberal education, new industry, and an emerging economy. We seek your participation in what promises to be an interesting ride.

– Naresh Khanna

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