Edition:
United States

Palfinger AG (PALF.VI)

PALF.VI on Vienna Stock Exchange

38.89EUR
20 Oct 2017
Change (% chg)

€0.44 (+1.14%)
Prev Close
€38.45
Open
€38.10
Day's High
€39.05
Day's Low
€38.05
Volume
16,387
Avg. Vol
15,086
52-wk High
€42.51
52-wk Low
€26.58

Latest Key Developments (Source: Significant Developments)

Palfinger orders not at 37 euros risk missing out - bookrunner
Friday, 29 Sep 2017 01:30am EDT 

Sept 29 (Reuters) - :Block Trade - Palfinger AG <<>>: bookrunner says orders not at €37 risk missing, books will close at 7.00am UK time‍​.  Full Article

Books for Palfinger placing are multiple times oversubscribed - bookrunner
Thursday, 28 Sep 2017 06:02pm EDT 

Sept 28 (Reuters) - :Block Trade -Palfinger Ag <<>>: bookrunner says books are multiple times oversubscribed; final price guidance to be communicated tomorrow morning.  Full Article

Books for Palfinger placing are covered- bookrunner
Thursday, 28 Sep 2017 12:01pm EDT 

Sept 28 (Reuters) - PALFINGER AG : BOOKRUNNER::‍BOOKS ARE COVERED AND EXPECTED TO CLOSE AT SHORT NOTICE, PRICING GUIDANCE TO COME​.  Full Article

Sany Group looks to sell down stake in Palfinger via placing
Thursday, 28 Sep 2017 11:39am EDT 

Sept 28 (Reuters) - PALFINGER AG : BOOKRUNNER::LAUNCH OF ACCELERATED BOOKBUILDING BY SANY EUROPE TO INSTITUTIONAL INVESTORS OF UP TO 900,000 SHARES IN PALFINGER‍​.PLACING SHARES REPRESENT UP TO ABOUT 2.4 PCT OF CO'S ISSUED SHARE CAPITAL AND ABOUT 24 PCT OF SELLER'S HOLDING IN CO.BOFA MERRILL LYNCH WILL BE ACTING AS SOLE BOOKRUNNER IN THE TRANSACTION.FOLLOWING DEAL COMPLETION, SELLER WILL HOLD AT LEAST C. 2.9 MLN SHARES IN PALFINGER, AT LEAST 7.5 PCT OF COS' SHARE CAPITAL.PLACEMENT PRICE IS SUBJECT TO AGREEMENT BETWEEN BOFA MERRILL LYNCH AND THE SELLER AT THE CLOSE OF THE BOOKBUILDING PROCESS.  Full Article

Palfinger appoints Felix Strohbichler as new CFO
Monday, 21 Aug 2017 08:01am EDT 

Aug 21 (Reuters) - PALFINGER AG :FELIX STROHBICHLER APPOINTED NEW CFO AS OF OCT 1.STROHBICHLER TO REPLACE DEPARTING CFO CHRISTOPH KAML.  Full Article

Palfinger H1 EBIT at 66.8 million euros, up 2.9 pct‍​
Thursday, 27 Jul 2017 02:17am EDT 

July 27 (Reuters) - PALFINGER AG :‍H1 REVENUE ROSE BY 13.2 PER CENT FROM EUR 665.6 MILLION IN FIRST HALF OF 2016 TO EUR 753.8 MILLION​.FULL ORDER BOOKS AND THE COMPLETION OF RESTRUCTURING GIVE REASON TO EXPECT AN INCREASE IN REVENUE AND EARNINGS FOR 2017‍​.CONSOLIDATED NET RESULT IN H1 2017 WAS EUR 38.6 MILLION, 2.8 PER CENT LOWER THAN PREVIOUS YEAR'S FIGURE OF EUR 39.7 MILLION.H1 EBIT 66.8 MILLION EUROS, UP 2.9 PCT‍​.  Full Article

Palfinger: CFO Christoph Kaml retires from office at his own request​
Monday, 12 Jun 2017 09:24am EDT 

June 12 (Reuters) - PALFINGER AG ::‍CHIEF FINANCIAL OFFICER CHRISTOPH KAML RETIRES FROM OFFICE AT HIS OWN REQUEST​.  Full Article

Palfinger Q1 sales up 13.5 percent at 361.9 mln euros
Friday, 28 Apr 2017 01:48am EDT 

April 28 (Reuters) - Palfinger AG ::Q1 sales increased by 13.5 percent to 361.9 million euros ($393.10 million).Q1 consolidated net income rose by 4.1 percent to 19.4 million euros and earnings per share reached 0.52 euros.Q1 adjusted EBITDA up 18.7 percent to 50.9 million euros.Q1 adjusted EBIT increased from 32.0 million euros to 36.6 million euros.Restructuring costs amounted to 5.0 million euros in the first quarter of 2017.Continues to expect sales growth in the full year 2017 and is aiming for a double-digit adjusted EBIT margin.  Full Article

Palfinger divests service body business in North America
Friday, 10 Feb 2017 10:50am EST 

Palfinger Ag : Divests service body business in North America . Signing of purchase agreement between market leader reading truck group and palfleet truck equipment . Transaction is expected to be closed in March 2017 .Transaction with reading truck group will support restructuring process.  Full Article

Palfinger FY revenue up 10.3 pct to 1.36 billion euros
Tuesday, 7 Feb 2017 04:01am EST 

Palfinger AG : Again achieved record revenue and earnings in 2016 . Dividend stable at 0.57 euro per share . FY revenue grew by 10.3 percent to 1,357.0 million euros ($1.45 billion) . FY EBIT at record level of 106.0 million euros despite restructuring . FY EBITDAn increased by 11.7 percent to 172.5 million euros and EBITn by 9.1 percent to 123.7 million euros . High level of incoming orders in Q4 of 2016 and in early 2017 . FY consolidated net result for 2016 financial year was 61.2 million euros, 5.0 percent lower than previous year's figure of 64.4 million euros .For 2017 management considers further revenue growth to be realistic in light of satisfactory level of incoming orders in Q4 of 2016 and in early 2017.  Full Article

BRIEF-Palfinger orders not at 37 euros risk missing out - bookrunner

* Block Trade - Palfinger AG: bookrunner says orders not at €37 risk missing, books will close at 7.00am UK time‍​ Further company coverage: