Manroland IPO still planned

Earlier reports had suggested the IPO would be announced at Drupa, although chief executive Gerd Finkbeiner pointed out that the company had never given a concrete timeframe.

Current indications are that it will be some time before Manroland feels confident enough to press ahead with its planned IPO, with the strong euro, high raw material prices, the credit crisis, fears of a US recession and industry cyclicality all counting against it.

It is these factors that have so badly affected rival press manufacturer Heidelberg’s share price, which has fallen to €16 in the past year.

Read the original article at www.printweek.com.

Comment below to have your say on this story.

If you have a news story or tip-off, get in touch at editorial@sprinter.com.au.  

Sign up to the Sprinter newsletter

Leave a comment:

Your email address will not be published. All fields are required

Advertisement

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.
Advertisement