Europe Movers: Dr. Martens, Heidelberger, Wise, Wizz Air

Inga Muller
05 Jun, 2025
Frankfurt

Heidelberger Druckmaschinen AG edged up 1.3% to €1.43 despite the German mechanical engineering company reporting lower revenue in the full fiscal year ending on March 31.

Net sales declined to €2.28 billion from €2.39 billion, net loss shrank to €34 million from a loss of €36 million, and diluted earnings per share fell to 2 cents from 13 cents a year ago.

The company guided full-year sales to be around €2.35 billion, compared to €2.28 billion a year earlier.

“Persistently high interest rates, geopolitical tensions, and the ambiguous global trade policy being followed by the U.S. government are hindering economic growth,” the company said in a release to investors.

Dr. Martens Plc. traded up 0.2% to 60.05 pence despite the British footwear and clothing company reporting sharply lower earnings in the fiscal year 2025 ending in March.

Revenue declined to £787.6 million from £877.1 million, pre-tax profit plunged to £8.8 million from £93.0 million, and earnings per share fell to 0.5 pence from 7.0 pence a year ago.

The company paid an unchanged dividend of 2.55 pence per share for the fiscal year 2025.

Wise Plc. surged 7.5% to 1,164.00 pence after the money transfer company reported fiscal year 2025 results ending on March 31.

Revenue climbed to £1.21 billion from £1.05 billion, profit edged up to £416.7 million from £354.6 million, and diluted earnings per share rose to 39.73 pence from 33.73 pence a year ago.

The company increased its customer base by 21% to 15.57 million from 12.84 million a year earlier, and moved £145.2 billion across borders in the fiscal year.

Wizz Air Holdings Plc. plunged 25.6% to 1,246.00 pence after the U.K.-based discount airline failed to meet analyst expectations for its fiscal year 2025 ending on March 31.

Revenue increased to €5.27 billion from €5.07 billion, profit edged down to €213.9 million from €365.9 million, and diluted earnings per share fell to €1.78 from €2.96 a year ago.

The company carried 63.4 million passengers in the fiscal year, compared to 62.0 million a year earlier.

Supported by current bookings, the company expects to have higher revenue in fiscal year 2026, despite “the lack of visibility across the trading seasons.”

Wizz Air guided growth in available seat kilometers to be in the mid-teens in the first half and up about 20% in the full year ahead, compared to the previous year, respectively.