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Palfinger AG Financial Results Q1 2023 | Unveiling Growth Strategies & Ambitious Financial Targets with CFO

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Excerpt

Discover PALFINGER’s exceptional Q1-2023 performance and its journey to another record-breaking year in this comprehensive video presentation.


Learn about the company’s outstanding EUR 591.6 million revenue and EUR 48.9 million EBIT, as well as its growth strategies in North America, China, and India.


Get insights into the effective price increases, supply chain improvements, and their robust order backlog extending into Q4. 


Additionally, find out how PALFINGER’s commitment to sustainability and investment in innovation paves the way for a bright future, with the goal of reaching EUR 3.0 billion in revenue by 2027.

Company Profile

PALFINGER is an international technology and mechanical engineering company and the world’s leading producer and provider of innovative crane and lifting solutions.

 

With over 12,200 employees (without contingent workers.), more than 30 manufacturing sites and a worldwide sales and service network of around 5,000 service points, PALFINGER creates added value from the challenges of its customers. 

 

PALFINGER is consistently continuing on its course as a provider of innovative, complete solutions that deliver increased efficiency and better operability, while leveraging the potential of digitalization along the entire production and value chain. 

 

PALFINGER AG has been listed on the Vienna stock exchange since 1999, and in 2022 achieved record revenue of EUR 2.23 billion.  

PALFINGER AG

Lamprechtshausener Bundesstrasse 8

A-5101 Bergheim, Austria

phone +43 664 2069247

Chapters

  • Palfinger at a glance – number 1 in the world
  • Q1/2023 at a glance, an outstanding first quarter
  • The right solution for every challenge – resilience through industry diversity
  • Sustainability Council ensures the implementation of the ESG strategy
  • Ambitious Financial Targets 2027
  • Cost increases are passed on to the market in full
  • Growth goals and strategies require a high level of investment
  • Increased financing volume
  • Equity ratio and return on capital employed stable
  • Free cash flow is still negative
  • On course for a significant revenue and ebit record

Resources

Host

Felix Strohbichler
CFO | Palfinger AG

Hannes Roither
VP Investor Relations & Company Spokesperson | Palfinger AG

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