EANS-Adhoc

PALFINGER achieved further growth in the first half of 2016

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Mid Year Results/6-month report
27.07.2016

- Revenue grew by 9.8 per cent to EUR 665.6 million
- Extraordinarily strong increase in EBIT to EUR 64.9 million
- Largest acquisition in PALFINGER's history doubles marine business

___________________________________________________________________________
|______________________________________| HY1 2014*| HY1 2015*|HY1 2016| %|
|Revenue(EUR million)__________________| 531.2| 606.2| 665.6| 9.8%|
|EBIT(EUR million)_____________________| 41.2| 53.5| 64.9|21.4%|
|EBIT margin in %______________________| 7.8%| 8.8%| 9.8%| -|
|Consolidated net result for the period| 24.5| 34.5| 39.7|15.2%|
|(EUR million)_________________________| | | | |
|Human resources**_____________________| 7,273| 8,765| 8,944| 2.0%|
___________________________________________________________________________

* Figures were adjusted with retrospective effect (see 2015 Annual Report
pp. 146-149).
** Consolidated Group companies excluding equity shareholdings as well as
excluding temporary workers.


Bergheim, 27 July 2016

Compared to the previous year, the PALFINGER Group's revenue in the first half

of 2016 rose by 9.8 per cent, coming to EUR 665.6 million as compared
to EUR 606.2 million in the same period of 2015, thus achieving a new
record for a half-year result. The EBIT of the PALFINGER Group showed
an extraordinarily strong increase of 21.4 per cent from EUR 53.5
million to EUR 64.9 million. The consolidated net result for the
first half of 2016 was EUR 39.7 million, 15.2 per cent higher than
the previous year's figure of EUR 34.5 million. At 13.4 per cent, the
increase in revenue in the EUROPEAN UNITS segment was higher than
that in the AREA UNITS segment of 2.1 per cent. As a consequence, the
portion of the Group's revenue contributed by the EUROPEAN UNITS
segment increased to 70.6 per cent (HY1 2015: 68.3 per cent).

In the first half of 2016, the EUROPEAN UNITS segment saw a
year-on-year increase in revenue of 13.4 per cent from EUR 414.3
million to EUR 469.7 million (Q2 2015: EUR 213.6 million; Q2 2016:
EUR 243.1 million). The segment's EBIT for the first half of 2016
grew by 38.5 per cent to EUR 73.6 million, as compared to EUR 53.1