In the 1st quarter, the Palfinger Group posted sales of €552.5 million, EBIT of €40.1 million and net income of €22 million, down as expected. Despite this slowdown, the Group anticipates a clear recovery in the second half of the year. Indeed, in its main European markets, Palfinger has seen an upturn in order intake since the fourth quarter of 2024, leading to an increase in production capacity on the continent. This positive trend can also be seen in Latin America, particularly in Brazil and Argentina, where capacity has also been increased. In India, an investment of over €25 million in an assembly plant also reflects this dynamic. The Marine sector continues to perform well, boosted by demand for offshore cranes and services. "Our products, our solutions and our strategy put us on the right track for further growth," emphasizes Andreas Klauser, CEO of Palfinger AG. Despite the uncertainties surrounding US trade policy, the share price has shown solid momentum since the beginning of the year. Objective: to make 2025 the second-best year in the company's history. Palfinger is targeting sales of €2.7 billion by 2027, with an EBIT margin of 10%.
