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Palfinger AG (PALF.VI)

PALF.VI on Vienna Stock Exchange

29.00EUR
23 Apr 2019
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€35.65
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Latest Key Developments (Source: Significant Developments)

Palfinger FY Revenue Rose By 9.8 Pct To EUR 1.6 Bln
Monday, 18 Feb 2019 06:53am EST 

Feb 18 (Reuters) - Palfinger AG ::FY REVENUE ROSE BY 9.8 PER CENT TO EUR 1.6 BILLION.FY EBITDAN WENT UP BY 15.4 PER CENT, FROM EUR 186.0 MILLION IN THE PREVIOUS YEAR TO EUR 214.6 MILLION.DIVIDEND OF EUR 0.51 PER SHARE WILL BE PROPOSED FOR DISTRIBUTION.FY NET PROFIT EUR 58.0 MILLION.FOR FIRST QUARTERS OF 2019 FINANCIAL YEAR BUSINESS PERFORMANCE WILL CONTINUE TO BE SATISFACTORY OVERALL.OUTLOOK 2019: FORESEES A FURTHER INCREASE IN REVENUE AND PROFITABILITY.  Full Article

Palfinger 9-Month Consolidated Net Result At EUR 49.5 Mln
Monday, 29 Oct 2018 03:07am EDT 

Oct 29 (Reuters) - PALFINGER AG ::IN FIRST THREE QUARTERS OF 2018, REVENUE ROSE BY 8.2 PER CENT TO EUR 1,182.6 MILLION.9-MONTH EBITDAN (EBITDA NORMALIZED BY RESTRUCTURING COSTS) WENT UP FROM EUR 147.6 MILLION TO EUR 157.1 MILLION.9-MONTH EBITN GREW FROM EUR 105.3 MILLION TO EUR 116.4 MILLION.9-MONTH CONSOLIDATED NET RESULT CAME TO EUR 49.5 MILLION, WHICH IS 1.9 PER CENT LOWER THAN PREVIOUS YEAR'S FIGURE OF EUR 50.5 MILLION.CONTINUES TO FORESEE AN INCREASE IN REVENUE AND OPERATING PROFITABILITY FOR 2018.CONSOLIDATED NET RESULT FOR 2018 IS NOT EXPECTED TO REACH RECORD LEVELS OF 2015 AND 2016.  Full Article

Palfinger: Need For Impairment Of Business Area Marine's Goodwill
Thursday, 25 Oct 2018 06:32am EDT 

Oct 25 (Reuters) - PALFINGER AG ::NEED FOR IMPAIRMENT OF BUSINESS AREA MARINE'S GOODWILL AS OF DECEMBER 31, 2017.EXPECTS FINAL AUDIT REPORT WITHIN NEXT WEEKS.GOODWILL MAINLY RESULTS FROM ACQUISITION OF HARDING.GOODWILL OF ENTIRE CGU BUSINESS AREA MARINE AS OF DECEMBER 31, 2017 AMOUNTED TO EUR 156.5 MILLION.ESTIMATES THAT EXTENT OF POSSIBLE RESTATEMENT COULD AMOUNT TO APPROXIMATELY HALF OF THIS GOODWILL.CORRECTION TO 2017 FINANCIAL STATEMENTS WILL HAVE NO IMPACT ON 2018 RESULTS.CORRECTION WILL REDUCE GROUP-EQUITY AND EQUITY RATIO ACCORDINGLY.  Full Article

Palfinger H1 Consolidated Net Result At EUR 35.2 Mln
Monday, 30 Jul 2018 02:00am EDT 

July 30 (Reuters) - PALFINGER AG ::H1 REVENUE ROSE BY 6.4 PER CENT YEAR ON YEAR FROM EUR 753.8 MILLION TO EUR 801.9 MILLION.H1 EBITDA NORMALIZED BY RESTRUCTURING COSTS (EBITDAN) INCREASED TO EUR 110.0 MILLION.FORESEES AN INCREASE IN REVENUE AND OPERATING PROFITABILITY FOR 2018.NET RESULT IN 2018 WILL LIKELY BE HIGHER THAN IN 2017.CONSOLIDATED NET RESULT OF EUR 35.2 MILLION FOR FIRST HALF OF 2018 WAS 8.8 PER CENT LOWER THAN PREVIOUS YEAR'S FIGURE.NET RESULT IN 2018 IS NOT EXPECTED TO REACH RECORD LEVELS OF 2015 AND 2016.  Full Article

Palfinger Q1 EBIT Up 6.2 Percent At EUR 33.6 Million
Monday, 30 Apr 2018 01:54am EDT 

April 30 (Reuters) - Palfinger AG ::Q1 SALES INCREASE BY 8.9 PERCENT TO EUR 394.2 MILLION.Q1 EBIT ROSE BY 6.2 PERCENT YEAR-ON-YEAR TO EUR 33.6 MILLION.Q1 EBITDA INCREASED BY 6.2 PERCENT TO EUR 54.0 MILLION.CONSOLIDATED EARNINGS IN CURRENT FY SHOULD ONCE AGAIN BE LINKED TO THE SUCCESSES OF 2015 AND 2016.Q1 GROUP PROFIT OF 17.9 MILLION EUROS, 7.7 PERCENT DOWN ON THE PREVIOUS YEAR.OUTLOOK 2018: SEES ANOTHER RECORD YEAR IN SALES AND OPERATING PROFIT.  Full Article

Palfinger: Andreas Klauser Appointed New CEO
Monday, 16 Apr 2018 05:29am EDT 

April 16 (Reuters) - Palfinger AG ::ANDREAS KLAUSER APPOINTED NEW CHIEF EXECUTIVE OFFICER.SCHEDULED TO TAKE UP POSITION AS CEO AS OF 1 JUNE 2018.  Full Article

Palfinger Sees 2017 Consolidated Net Result Clearly Below Previous Yr's Level
Thursday, 14 Dec 2017 11:13am EST 

Dec 14 (Reuters) - PALFINGER AG ::CONSOLIDATED NET RESULT FOR FULL YEAR 2017 IS EXPECTED TO BE CLEARLY BELOW PREVIOUS YEAR'S LEVEL.STRONG MARKET DEMAND COUPLED WITH AN EXCELLENT ORDER BOOK SHOULD LEAD TO A STRONG Q1 IN 2018.RESTRUCTURING MEASURES IN NORTH AMERICA AND IN SEA SEGMENT TO HAVE NEGATIVE IMPACT ON RESULTS IN 2017.NEGATIVE IMPACT ON RESULTS EXPECTED TO CONTINUE IN 2018.  Full Article

Palfinger: ‍Herbert Ortner says to resign as CEO
Wednesday, 8 Nov 2017 03:36am EST 

Nov 8 (Reuters) - PALFINGER AG ::‍HERBERT ORTNER ANNOUNCES TO RESIGN AS CEO OF PALFINGER AG​.‍CEO MANDATE WILL END AS OF DECEMBER 31ST, 2017​.  Full Article

Palfinger 9-mth net result was EUR 50.5 mln​
Friday, 27 Oct 2017 01:45am EDT 

Oct 27 (Reuters) - PALFINGER AG ::9MTH SALES ROSE BY 9.7 PERCENT TO EUR 1,093.1 MILLION‍​.‍9MTH EBITDAN INCREASED BY 12.6 PERCENT TO EUR 147.6 MILLION, WHILE THE EBITDA MARGIN WAS 13.5 PERCENT.9MTH CONSOLIDATED NET RESULT WAS EUR 50.5 MILLION, 1.5 PER CENT HIGHER THAN THE PREVIOUS YEAR'S FIGURE‍​.EXPECTS 2017 TO BE ANOTHER RECORD YEAR AND IS ALSO OPTIMISTIC FOR 2018‍​.  Full Article

Sany Heavy's unit sells shares in Palfinger
Sunday, 8 Oct 2017 10:12am EDT 

Oct 8 (Reuters) - Sany Heavy Industry Co Ltd <600031.SS>:Says unit SANY Europe GmbH sold 900,000 shares in Palfinger AG <<>> at 37 euros ($43.41) per share between Sept 29 and Oct 3.Says it expects to receive investment gain of 27.88 million yuan ($4.19 million) after transaction.  Full Article