EQS-News: PALFINGER AG: Challenging Market Conditions Impact HY1 Results; Confident Outlook for HY2/2026

EQS-News: Palfinger AG / Key word(s): Half Year Results
   PALFINGER AG: Challenging Market Conditions Impact HY1 Results; Confident
   Outlook for HY2/2026

   28.07.2026 / 07:03 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   PRESS RELEASE                                                Bergheim,
   Austria, July 28, 2026                                            

   PALFINGER AG: Challenging Market Conditions Impact HY1 Results;
   Confident Outlook for HY2/2026

     • Volatile market environment, geopolitical conflicts, U.S. tariffs, and
       delayed customer investment decisions impacted performance in the
       first half of 2026
     • Revenue of EUR 1,165.6 million; EBIT amounted to EUR 84.1 million and
       consolidated net income to EUR 48.0 million
     • A structural efficiency program has been launched, targeting
       sustainable savings of EUR 25 million starting 2027
     • Major orders amounting to more than EUR 100 million secured in the
       first half of 2026
     • For financial year 2026, PALFINGER is aiming for revenue and earnings
       above the previous year’s level

    

   in EUR million          HY1/2024 HY1/2025 HY1/2026    ∆ %
   Revenue                  1,175.4  1,139.5  1,165.6 +2.3 %
   EBITDA                     156.4    136.7    133.3 -2.5 %
   EBIT                       112.2     90.4     84.1 -7.0 %
   EBIT margin in %             9.5      7.9      7.2       
   Consolidated net result     68.3     50.1     48.0 -4.2 %
   Employees^1)              12,651   12,111   12,230       

   ^1) Closing figures for consolidated Group companies are stated without
   equity investments and without temporary workers.
    

   Following a positive first quarter, market conditions became significantly
   more volatile in the second quarter. The war in Iran weakened sentiment in
   North America, the Middle East, and APAC. Demand declined more sharply
   than expected, affecting PALFINGER’s revenue and earnings performance.

   Despite these conditions, PALFINGER generated revenue of EUR 1,165.6
   million in the first half of 2026. EBIT totaled EUR 84.1 million, while
   consolidated net income reached EUR 48.0 million.

   “Market uncertainty increased noticeably in the second quarter, delaying
   investment decisions in key markets. In this environment, we remain
   focused on executing our Strategy 2030+, improving efficiency by
   increasing our use of artificial intelligence, for example, and further
   strengthening our market position for the long term,” said Andreas
   Klauser, CEO of PALFINGER AG.

   Efficiency Program Strengthens Competitiveness
   PALFINGER has responded to changing market conditions by launching a
   Group-wide structural efficiency program. The program focuses on
   simplifying structures, optimizing the global production and procurement
   network, and increasing productivity through automation and the broader
   use of artificial intelligence. PALFINGER aims to reduce structural costs
   by EUR 25 million. The goal is to keep the cost base stable in 2027
   despite inflation and growth.

   Mixed Regional Performance
   Regional performance was mixed in the first half of 2026.  Demand in EMEA
   remained resilient overall. Southern Europe continued to perform strongly,
   while conditions in Northern Europe improved gradually. Positive effects
   from Germany’s infrastructure package have not yet materialized.

   The North American market remained stable at a lower level. At the same
   time, U.S. tariffs weighed on demand and put pressure on profitability.
   In LATAM, PALFINGER performed steadily overall despite volatile conditions
   in Argentina and Brazil.

   APAC also showed a mixed picture. India confirmed its role as a key growth
   driver, while China has yet to show signs of a sustained recovery. In the
   CIS region, the market decline in Russia continued.

   The Marine business continued to perform very well and made a stable
   contribution to overall performance. Offshore wind and cruise industries
   developed positively. However, the escalation in the Middle East had a
   significant negative impact on the Marine service sector.

   PALFINGER Strengthens Its Role as a Strategic Partner
   Over recent months, PALFINGER secured major orders with a total volume
   exceeding EUR 100 million. This strengthens the company’s position as a
   strategic and reliable partner in an increasingly challenging market
   environment.

   Additional opportunities lie in the new TEC aerial platform series, the
   continued expansion of the service sector, and long-term growth drivers
   such as infrastructure investment, electrification, and defense, driven by
   a general increase in defense spending.

   Outlook
   Market conditions will remain challenging. The conflict in the Middle
   East, the ongoing effects of Russia’s war against Ukraine, and U.S. tariff
   policy continue to weigh on economic activity in many markets.

   At the same time, PALFINGER has a strong market position, a footprint in
   multiple industries, and the flexibility to respond quickly to changing
   conditions.

   For the 2026 financial year, PALFINGER is aiming for revenue and earnings
   above the previous year’s level, with the target of delivering another
   successful year.

   The delayed economic recovery in the key markets of the U.S. and Germany,
   means that the financial targets set for 2027 will be achieved later than
   planned. These targets include revenue of EUR 2.7 billion, an EBIT margin
   of 10%, and ROCE above 12%.

   The long-term financial targets laid down in Strategy 2030+ remain
   unchanged. PALFINGER confirms its targets for 2030 of revenue more than
   EUR 3 billion, an EBIT margin of 12%, and ROCE of 15%. The company
   continues to consistently execute its “Reach Higher” strategy.

    

   The results presentation for the first half of 2026 is available [1]here.

   The PALFINGER half year 2026 report is available [2]here.

    

   ↗  ABOUT PALFINGER

    

   PALFINGER sets benchmarks with innovative crane and lifting solutions
   worldwide. As a leading technology and mechanical engineering company,
   PALFINGER transforms 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
   outstanding performance throughout the entire product lifecycle. 

   Around 12,000 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 2.34 billion in 2025.
    

   Contact:

   Hannes Roither | VP Investor Relations | PALFINGER AG

   M +43 664 206 9247 |[email protected]

   Text and corresponding image material are available under "News" on the
   website www.palfinger.com.

    

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   28.07.2026 CET/CEST This Corporate News was distributed by [3]EQS Group

   View original content: [4]EQS News

   ══════════════════════════════════════════════════════════════════════════

   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:      [email protected]
   Internet:    www.palfinger.ag
   ISIN:        AT0000758305
   Listed:      Vienna Stock Exchange (Official Market)
   LEI Code:    529900IFAV83BX8O1O91
   EQS News ID: 2372352


    
   End of News EQS News Service


   2372352  28.07.2026 CET/CEST

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