EQS-News

PALFINGER AG: Outstanding results for PALFINGER AG in the first quarter - Seite 3

Outlook
In the current difficult and geopolitically uncertain environment, PALFINGER expects profitable growth in NAM, APAC and the Marine Sector. Due to the continued low level of orders in the EMEA region, production was reduced. For the full year a slight decline in revenue compared to 2023 (revenue of EUR 2,446 million) and an EBIT of around 20 percent below that of the record year 2023 (EBIT of EUR 210.2 million) are expected. The financial targets for 2027 of EUR 3.0 billion in revenue, 10% EBIT margin and 12% ROCE remain unchanged.

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ABOUT PALFINGER AG
PALFINGER is an international technology and mechanical engineering company and the world’s leading producer and provider of innovative crane and lifting solutions. With around 12,800 employees (without contract workers), 30 manufacturing sites and a worldwide sales and service network of around 5,000 service points, PALFINGER creates added value from the challenges of its customers. PALFINGER is consistently continuing on its course as a provider of innovative, complete solutions that deliver increased efficiency and better operability, while leveraging the potential of digitalization along the entire production and value chain.
PALFINGER AG has been listed on the Vienna stock exchange since 1999, and in 2023 achieved record revenue of EUR 2.45 billion.

For further information please contact:  
Hannes Roither | Group spokesperson | PALFINGER AG  
T [phone] | [e-mail] 

Texts and their accompanying images are available in the “News” section of www.palfinger.ag and www.palfinger.com.

 

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26.04.2024 CET/CEST This Corporate News was distributed by EQS Group AG. www.eqs.com

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Language:	English
Company:	Palfinger AG
	Lamprechtshausener Bundesstraße 8
	5020 Salzburg
	Austria
Phone:	+43 (0)662/2281-81101
Fax:	+43 (0)662/2281-81070
E-mail:	[e-mail]
Internet:	www.palfinger.ag
ISIN:	AT0000758305
Listed:	Vienna Stock Exchange (Official Market)
EQS News ID:	1889931