What’s Happening at Heidelberg?

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What’s Happening at Heidelberg?

At Heidelberg&

By Andrew Tribute

Tuesday, July 08, 2008

The share price has continued to drop throughout 2008 and at the time of writing the share price is sitting at a figure of €13.34. It is difficult to assess just why the value of the company has dropped by around 66% in the past year.

Heidelberg’s preliminary figures for the 2007 year showed sales at €3.67 billion, a 3.5% drop on the 2006 figures. Heidelberg stated that the drop was caused by the US financial crisis and customer’s reluctance to make investments in the lead up to drupa.

Heidelberg appeared to have had a successful drupa although it has not announced its drupa results as yet. The following statementhowever is taken from the Heidelberg web site:

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