Stock

Stock

The shares of PALFINGER AG are listed on the prime market on the Vienna Stock Exchange. In Germany, they are traded over the counter in Frankfurt, Stuttgart, Berlin, Munich, and Dusseldorf. Since March 2005, there has been an ADR Level 1 listing in New York. PALFINGER stock is included in the ATX Prime index and ATX Global Players index as well as the Austrian VÖNIX sustainability index. PALFINGER AG stock was first included in the MSCI Global Small Cap Index at the end of November 2018, and it remained part of this index in 2019. Starting from a price of EUR 22.20 at the end of 2018, the share price rose to a high of EUR 29.15 on April 16, 2019. It then fell until mid-August to EUR 20.85 and began to climb again after the third quarter 2019 results were published at the end of October. The high for the year of EUR 30.70 was reached on December 23, 2019. On December 31, 2019, shares closed at EUR 29.25, 31.76 percent above the 2018 closing price. The average trading volume in 2019 as a whole was slightly lower than in the preceding year.

The share has more than quintupled since the IPO in 1999!
CFO
Felix Strohbichler

5 reasons for an invest

  1. Global technology and market leader

  2. Strategic core shareholder holds approx. 58 per cent of the shares 

  3. Continuous dividend policy 

  4. Best-in-class at investors embracing sustainability 

  5. Attractive valuation

SHAREHOLDER ANALYSIS

The Palfinger family, which either directly or indirectly owns approx. 56.6 per cent of the shares in PALFINGER AG, is PALFINGER’s stable core shareholder with seats on the Supervisory Board. In addition, there is a cross shareholding between PALFINGER and the SANY Group, which holds 7.5 per cent in PALFINGER AG. The remaining shares (approx. 35.9 per cent) are in free float. According to the information available to PALFINGER AG, a significant portion of the free float is held by retail shareholders; the majority is held by institutional investors, primarily from Continental Europe.

Dividend

PALFINGER AG pursues a continuous dividend policy, which provides that approximately one third of the annual profit is to be distributed to shareholders. The net profit of PALFINGER AG for 2019 amounted to EUR 318.7 million: at the Annual General Meeting, the Executive Board and the Supervisory Board will propose that a dividend of EUR 0.71 (previous year: EUR 0.51) per share be distributed.

 

EUR 2017 2018 2019
Low 29.30 21.10 20.85
High 42.00 37.70 30.70
Average Price 36.85 31.30 25.69
Price at year end 34.05 22.20 29.25
Earnings per share1) (0,30) 1.54 2.13
Operating cash flow per share1) 2.45 3.36 4.15
Dividend per share 0.47 0.51 0.712)
Dividend yield in relation to the average share price 1.3% 1.6% 2.8%
Market capitalization as at year end (EUR million) 1,280.05 834.57 1,099.60

 

1) Calculated using the weighted average number of shares outstanding.
2) Proposal to the Annual General Meeting.

Share ticker

Investment Calculator

SHARE SERIES