shares in heidelberger druckmaschinen ag rose in early trading wednesday after the company reported a firstquarter profit for the financial year at 0810 gmt shares were up 119 to eur157 the german printingtechnology company swung to a net income of 5 million euros 51 million in the first financial quarter from a net loss of eur14 million in the same threemonth period a year earlier sales rose 20 to eur530 million mainly on a rise in the number of new machines delivered it said earnings before interest taxes depreciation and amortization came in at eur35 million up from eur15 million in the year prior heidelberger confirmed its guidance for the full financial year 20222023 it expects sales to grow to around eur23 billion and the ebitda margin to improve to at least 8 net income should also increase slightly compared with the previous year heidelberger druckmaschinen said