Palfinger AG / AT0000758305

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 the year

EQS-Ad-hoc: Palfinger AG / Key word(s): Forecast


07-Feb-2025 / 11:01 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

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Bergheim, Austria on February 7, 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.



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Further inquiries:  
Hannes Roither | Group spokesperson | PALFINGER AG  
T [phone] | [e-mail] 



 

End of Inside Information

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07-Feb-2025 CET/CEST News transmitted by EQS Group. www.eqs.com

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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:	[e-mail]
Internet:	www.palfinger.ag
ISIN:	AT0000758305
Listed:	Vienna Stock Exchange (Official Market)
EQS News ID:	2083207

End of Announcement	EQS News Service

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2083207  07-Feb-2025 CET/CEST