PALFINGER Hits Historic High with Record-Breaking Year in 2023

• Palfinger AG achieved a record year in 2023 with revenue of EUR 2.45 billion, EBIT of EUR 210.2 million, and a consolidated net result of EUR 107.7 million.
• The company managed to significantly increase output and reduce production backlogs in the first half of 2023 due to improved supply chains and increased delivery reliability.
• North America, Asia, and the Marine sector were the main growth drivers for Palfinger in 2023, with North America showing the highest profitability increases.
• Palfinger has partnered with Steyr Automotive for the installation of truck-mounted forklifts for the North American market from September 2023, with a target of delivering 1,700 units annually by 2027.
• Palfinger is also partnering with Aker BP and Optilift to develop remote-controlled offshore cranes for the marine industry as part of its digitalization efforts.
• Despite the challenging economic environment, especially in Europe, Palfinger aims to achieve a revenue of EUR 3.0 billion with an EBIT margin of 10 percent and a return on capital employed of 12 percent by 2027.

The next important date, Quarterly report, at Palfinger is on 07.03.2024.

Palfinger

0,00 %

-3,67 %

-9,68 %

-13,22 %

-29,88 %

-45,31 %

-27,34 %

-20,08 %

+128,26 %

ISIN:AT0000758305WKN:919964

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