EQS-News: Reach Higher: With a New Strategy and Ambitious Financial Targets, PALFINGER is All Set for the Next Lift in Growth

EQS-News: Palfinger AG / Key word(s): Strategic Company Decision
   Reach Higher: With a New Strategy and Ambitious Financial Targets,
   PALFINGER is All Set for the Next Lift in Growth

   10.10.2025 / 11:00 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   PRESS RELEASE                        Bergheim, Austria on October 10, 2025

   Reach Higher: With a New Strategy and Ambitious Financial Targets,
   PALFINGER is All Set for the Next Lift in Growth

   PALFINGER presents its new “Reach Higher – Strategy 2030+”. With maximum
   customer proximity, focused investments and optimized processes, the
   technology company is strengthening its global market position and driving
   profitable growth. New financial targets underscore the fresh course: By
   2030, a revenue of more than EUR 3 billion, an EBIT margin of 12 percent
   and ROCE of 15 percent.

   “Five years ago, we laid out our plan for the decade. The world has gone
   through significant changes since then. So much in many areas that we are
   now taking our strategy to the next level: Reach Higher – our Strategy
   2030+,” says Andreas Klauser, CEO of PALFINGER. “We build on our
   strengths, reinforce our position as an industry leader, and increase our
   resilience – for long-term, sustainable growth. To fulfill our purpose:
   become better and better in everything we do, every day. For our
   customers. For Lifetime Excellence.”

   Lifting revenue, EBIT margin and ROCE to a new level
   “Reach Higher means that we are getting better and better across all
   areas. That is why we’ve raised the bar with even more ambitious financial
   targets. Our goals for 2030: a revenue of more than EUR 3 billion, an EBIT
   margin of 12 percent and ROCE of 15 percent,” explains Felix Strohbichler,
   CFO of PALFINGER.

   Strategy 2030+ and the new targets were presented today in Vienna at
   Capital Markets Day, the PALFINGER annual investor and analyst event. With
   the newly defined financial and non-financial KPIs, such as customer
   satisfaction, employee engagement, and delivery reliability, progress
   leading up to 2030 can be closely measured and controlled.

   Three strategic directions set the course
   The PALFINGER Reach Higher strategy matches the challenges of our time
   with three clearly defined strategic directions: “Lifting Customer Value”,
   “Balanced Profitable Growth” and “Execution Excellence.” They set the
   course. And, PALFINGER has defined clear priorities along the way: Five
   must-win action fields and 13 further strategic programs ensure consistent
   implementation. They form the foundation for achieving the defined targets
   and fulfilling the promise of Lifetime Excellence – even in challenging
   times.

   Geopolitical uncertainties, economic volatility and trade conflicts remain
   a reality. Climate change is affecting markets and will lead to
   significant shifts in growth and resilience across customer segments. At
   the same time, artificial intelligence and autonomous systems are
   redefining entire industries and applications. Customer needs and demand
   patterns are changing rapidly. PALFINGER anticipates these developments
   and turns them into opportunities.

   “Lifting Customer Value”: Fully focusing on customers
   PALFINGER develops seamlessly integrated solutions that provide customers
   with added value every day to ensure their long-term business success. A
   key to “Lifting Customer Value” is the “Technology and Market Leadership”
   program, which defines innovation capability as a core competence – aiming
   to sustainably increase value creation and productivity for both customers
   and the company.

   “Balanced Profitable Growth”: For even greater resilience
   “Balanced Profitable Growth” sees PALFINGER drive growth potential with
   its broad product portfolio and its strong regional footprint. Through the
   “Services & Spare Parts” program, for example, the company is expanding
   its global service network – most recently with new locations in Huntley,
   Illinois; Singapore; and Duisburg, Germany. The “Aerial Work Platforms”
   program, in turn, focuses on strengthening the product portfolio with
   innovative and flexible high-end lifting solutions in this product line.

   “Execution Excellence”: Efficient, streamlined processes that power
   performance
   PALFINGER delivers top performance and achieves even better results
   through efficient, optimized processes. A lean organization, standardized
   systems, comprehensive digitalization initiatives and highly qualified
   employees ensure excellence – in terms of quality, delivery reliability
   and productivity. In short, “Execution Excellence.” This builds the
   foundation for seizing future opportunities using artificial intelligence.
   The “Global Supply Chain” program sets new standards in efficiency and
   customer proximity – through optimized inventories, improved logistics,
   and integrated end-to-end planning.

   The power of three: Strategy, brand and corporate culture
   Reach Higher – Strategy 2030+ is based on a strong brand claim: “Lifetime
   Excellence stands for uncompromising top performance, for economical,
   reliable, and innovative product solutions – and for our ambition of being
   better. This is also reflected in our value-driven PALFINGER corporate
   culture. Be passionate, be straightforward, be leading. That’s how the new
   strategy comes to life at all levels. Towards customers, partners, and
   employees alike,” says Andreas Klauser.

   +++
   ABOUT PALFINGER AG

   With innovative lifting solutions, PALFINGER sets standards worldwide. The
   leading technology and engineering company turns customer needs into
   seamlessly integrated solutions. A broad product portfolio and regional
   footprint drive balanced profitable growth. With its promise of Lifetime
   Excellence, PALFINGER delivers top performance throughout the entire
   product lifecycle.

   Around 12,350 employees, 30 international manufacturing sites, and a
   global distribution and service network ensure worldwide proximity to the
   market.

   PALFINGER AG has been listed on the Vienna stock exchange since 1999 and
   achieved a revenue of EUR 2.36 billion in 2024.

   Further inquiries:  
   Hannes Roither | Group spokesperson | PALFINGER AG  
   T +43 662 2281-81100 | [1]h.roither@palfinger.com
    
   Texts and accompanying images are available in the “News” section of
   [2]www.palfinger.ag.  

    

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   10.10.2025 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: 2211004


    
   End of News EQS News Service


   2211004  10.10.2025 CET/CEST

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