PALFINGER AG: Earnings forecast for Q1 and first half of 2025 significantly below the previous year's figures, significant compensation for the downturn expected in the second half of 2025
07.02.2025
Based on the forecast calculation for Q1 2025, PALFINGER AG expects a downturn in EBIT of around a third compared to the record quarter of the previous year (EBIT Q1/2024: EUR 54.7 million). The main reason for this is the difficult market environment in 2024.
Order intake in core European markets is already recovering, which should have a positive effect on earnings development starting in Q2. For the first half of 2025, management nevertheless expects EBIT to be significantly below the previous year's figure (EBIT HY1/2024: EUR 112.2 million).
Management expects a further improvement in the overall economic climate. In the second half of 2025, the decline in earnings is expected to be significantly offset, resulting a good full year 2025.
The final figures for fiscal year 2024 will be published on March 5, 2025.
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 | h.roither@palfinger.com
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