Palfinger : Presentation of the First Quarter of 2021 0,89 MB Download
April 30, 2021 at 04:58 am EDT
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PUBLICATION OF RESULTS
Q1 / 2021
Bergheim, April 30, 2021
ANDREAS KLAUSER
CEO
21-04-30 PALFINGER Publication of Results Q1/2021
Q1/2021 at a Glance
EBIT MARGIN 9.9 PERCENT
DESPITE ONE-OFF EFFECTS OF CYBERATTACK
REVENUE OF EUR 405.9 MILLION
IS ABOVE PREVIOUS YEAR
WORLDWIDE VERY POSITIVE ECONOMIC CYLE: ORDER BOOK AND ORDER INTAKE
VERY GOOD, VISIBILITY ENSURED UNTIL Q3/2021
2021
FIRST QUARTER
JUMP IN EARNINGS
IN THE FIRST QUARTER
WT
21-04-30 PALFINGER Publication of Results Q1/2021
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Market Development
GLOBAL ECONOMIC UPSWING DRIVES POSITIVE DEVELOPMENT
Worldwide Economic Recovery
USA +6.4 percent, China +8.4 percent, Europe +4.4 percent
PALFINGER benefits from the positive general conditions,
especially in the construction, timber and recycling industries.
PALFINGER MARINE wins major orders
in the rapidly growing offshore wind market.
Overheating in the Supply Chain:
Bottleneck in capacity and supply chain, rising costs due to high material prices.
High volatility due to COVID-19.
21-04-30 PALFINGER Publication of Results Q1/2021
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PALFINGER at a Glance
PALFINGER: GLOBALLY WELL POSITIONED
GROUP 2020
REVENUE EUR 1.53 billion
EMPLOYEES 10,824
34* production
sites & around
SITES 5,000 service centers worldwide
62 % EMEA
REVENUE 21 % NAM SPLIT 3 % LATAM
14 % APAC, CIS
*following management buy-out at the Ølve site, Norway in March 2021
21-04-30 PALFINGER Publication of Results Q1/2021
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Palfinger AG published this content on 30 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 April 2021 08:57:02 UTC.
Palfinger AG is an Austria-based company that is engaged in the manufacture of hydraulic lifting, loading and handling systems for all interfaces in the transport chain. Its core product is the truck-mounted knuckle boom crane, which is available in approximately 150 models. The Companyâs product portfolio includes telescopic cranes, timber and recycling cranes, container handling systems, transportable forklifts, tail lifts, high-tech railway applications and access platforms, as well as related services. The Company comprises approximately 50 companies, such as Herkules Harding Holding AS, and operates approximately 30 manufacturing and assembly sites, and operates a global sales and service network with approximately 5000 outlets as well as more than 200 independent importers in more than 130 countries on all continents.
PALFINGER AG 
