euro adhoc: Palfinger AG
Financial Figures/Balance Sheet
PALFINGER headed
for record year
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
10.11.2006
PALFINGER headed for record year
o Revenue increase of 13.3 percent o EBIT reaches EUR 59.3m
|in EURm | Q1-Q3 | Q1-Q3 | Q1-Q3 | | | 2006 | 2005 | 2004 | |Revenue |437,174 |386,008 |293,000 | |EBITDA | 69,137 | 60,849 | 38,114 | |EBIT | 59,270 | 52,581 | 29,491 | Bergheim / Salzburg, 10 November 2006
PALFINGER continued its successful performance in the third quarter of 2006. Compared to the same previous-year period, revenue increased by 13.3 percent to EUR 437.2m in the first nine months, and EBIT rose from EUR 52.6m to EUR 59.3m, equivalent to an EBIT margin of 13.6 percent.
With consolidated net profit for the period of EUR 41.8m (Q1-Q3 2005: EUR 37.6m), earnings per share reached EUR 4.74. The company's equity ratio rose to 57.1 percent at balance sheet date.
The segment EUROPA and REST of the WORLD remains the strongest segment. In the segment NORTH and SOUTH AMERICA, revenue rose by 16.9 percent from EUR 47.8m in the previous-year period to EUR 55.9m.
The CRANES segment is still marked by demand for higher performance classes and high-grade fittings. Sales development of EPSILON in Europe was also highly positive. In the HYDRAULIC SYSTEMS and SERVICES segment, revenue increased from EUR 109.5m by 17.1 percent to EUR 128.3m compared to the previous-year period. There was a slight increase in EBIT to EUR -3.7 m. (Q1-Q3 2005: EUR -3.8m).
Based on the positive developments of the first three quarters, we anticipate reaching our target of sustained, profitable growth for the 2006 financial year.
end of announcement euro adhoc 10.11.2006 07:08:26
Further inquiry note:
Hannes Roither, PALFINGER AG
Company spokesman
Tel.: +43 662 46 84-2260
mailto:h.roither@palfinger.com
www.palfinger.com
Branche: Machine Manufacturing
ISIN: AT0000758305
WKN: 919964
Index: ATX Prime
Börsen: Wiener Börse AG / official dealing