PALFINGER AG / Profit Warning
21.03.2022
The Ukraine crisis impacts PALFINGER AG due to its volume of business in Russia. The crisis also further intensifies the availability problems of trucks and components. PALFINGER will therefore decrease its production volume in the coming weeks, with a corresponding negative impact on revenue and profitability.
From today's perspective, the EBIT in 2022 will, as a result, be significantly below the EBIT achieved in record year 2021.
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
Texts and accompanying images are available in the “News” section of www.palfinger.ag, www.palfinger.com.