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.
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.
For further information please contact:
Hannes Roither | Group Spokesperson | PALFINGER AG
T +43 662 2281-81100 | h.roither@palfinger.com
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