EQS-News: Palfinger AG / Key word(s): Half Year Results
PALFINGER AG: Increased order intake and strong service business in 1st HY
2025
25.07.2025 / 07:01 CET/CEST
The issuer is solely responsible for the content of this announcement.
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PRESS RELEASE Bergheim, Austria. July 25, 2025
PALFINGER: Increased order intake and strong service business in 1^st HY
2025
• Revenue of EUR 1,139.5 million, EBIT of EUR 90.4 million, and
consolidated net result of EUR 50.1 million in line with forecast
• Increasing order intake in core European markets
• Investments in the global service network
in EUR million 1st HY/2023 1st HY/2024 1st HY/2025 %
Revenue 1,214.9 1,175.4 1,139.5 -3.1%
EBITDA 157.9 156.4 136.7 -12.6 %
EBIT 111.3 112.2 90.4 -19.4%
EBIT margin in % 9.2 9.5 7.9 –
Consolidated net result 63.3 68.3 50.1 -26.7%
Employees^1) 12,565 12,651 12,111 –
1) Reporting date figures of consolidated Group companies without
equity investments and without contract workers.
Following a projected decline in the 1st half of 2025, PALFINGER is aiming
to compensate the drop in earnings and revenue in the second half of 2025.
In the first six months, the company recorded revenue of EUR 1,139.5
million, an operating result (EBIT) of EUR 90.4 million and a consolidated
net result of EUR 50.1 million. The company's financial stability was
further strengthened during this period thanks to a reduction in net
financial debt and significant increase in equity.
Positive signals from all regions
Since the fourth quarter of 2024, PALFINGER has recorded higher order
intake, especially in the EMEA region, which is why capacity increases
were necessary in the first half of 2025. The LATAM region remained stable
during the reporting period, while APAC, particularly the emerging Indian
market, provided positive momentum in terms of order intake. Growth
continued in MARINE sector – particularly for wind cranes and lifeboats
with davit systems. Despite the ongoing tariff conflicts and the
associated uncertainty, NAM also showed a slight upward trend in orders.
In the first half of the year, the share of service revenue was further
expanded. "This result confirms we’re on the right track. Above all, our
value creation principle of ‘in the region, for the region’ has once again
proven its worth. We are well positioned and confident that we will be
able to compensate for the decline in earnings and revenue in the second
half of the year," stated PALFINGER CEO Andreas Klauser.
Investments in global service network
Driven by complete customer focus, PALFINGER is making targeted
investments in its global service infrastructure. Examples include the
start of construction of a new sales and service hub in the Spanish
capital Madrid, and the expansion and modernization of the Duisburg site
in Germany. Both sites strengthen and expand service capacity in key core
markets. The same applies to the new MARINE site in Singapore, which
expands PALFINGER's service footprint in the APAC region. As part of the
after-sales strategy, the new spare parts hub for NAM in Illinois is
scheduled to go into operation in the third quarter. PALFINGER aims to
double the Service business revenue to EUR 700 million by 2030.
Market potential in the global investment environment
PALFINGER sees long-term opportunities in a global investment environment.
Large-scale initiatives such as Germany’s EUR 500 billion fiscal package
and the US Stargate Project offer considerable potential for innovative
lifting solutions. The company's strong global positioning enables it to
actively participate in these programs and drive sustainable growth.
Outstanding share performance reflects market confidence
Capital markets have shown remarkable confidence in PALFINGER. With a
share price performance of around 100 percent since the start of the year,
500 percent over 25 years and a place among the top 20 most liquid stocks
on the Vienna Stock Exchange, PALFINGER joined the Vienna Stock Exchange’s
exclusive "100 Club" on July 11, 2025, and is one of the three
best-performing stocks – clear evidence of the company's long-term
potential.
Outlook
The ongoing market recovery, particularly in Europe, and positive signals
from almost all regions support expectations for increased order intake
for the second half of 2025. As a result, PALFINGER is aiming to offset
the decline in earnings and revenue in the second half of 2025. The
financial targets for 2027 remain unchanged: revenue of EUR 2.7 billion,
an EBIT margin of 10 percent and a return on capital employed (ROCE) of
over 12 percent. As part of the presentation of the new Group Strategy,
PALFINGER will announce ambitious financial targets for 2030 at the
Capital Markets Day on October 10.
The results presentation for the first half of 2025 is available here:
[1]https://www.palfinger.ag/en/investors/publications/presentations
The PALFINGER half year 2025 report is available here:
[2]https://www.palfinger.ag/en/investors/publications/finance-publications
+++
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 12,350 employees (not including
contract workers), 30 manufacturing sites and a worldwide, comprehensive
sales and service network, PALFINGER meets the challenges of its customers
and creates added value. PALFINGER consistently continues on its path as a
provider of innovative, smart complete solutions that deliver increased
efficiency and better usability, 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 2024 achieved revenue of EUR 2.36 billion.
For further information please contact:
Hannes Roither | Group Spokesperson | PALFINGER AG
T +43 662 2281-81100 | [3]h.roither@palfinger.com
Texts and accompanying images are available in the “News” section of
www.palfinger.ag, www.palfinger.com.
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25.07.2025 CET/CEST This Corporate News was distributed by EQS Group.
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: ir@palfinger.com
Internet: www.palfinger.ag
ISIN: AT0000758305
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2174502
End of News EQS News Service
2174502 25.07.2025 CET/CEST
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