euro adhoc: Palfinger AG
Financial Figures/Balance Sheet
PALFINGER continues
record-breaking path
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
24.01.2007
Ad hoc - RELEASE
Preliminary 2006 result:
PALFINGER continues record-breaking path
o Revenues up 12.5% o Earnings up 18.2%
in EURm 2006 2005 2004 Revenue 585.2 520.0 403.7 EBIT 77.0 65.1 41.7 EBIT margin % 13.2 12.5 10.3
Salzburg, January 25, 2007
PALFINGER, the world market leader in truck-mounted knuckle-boom cranes, achieved further revenue and earnings records in the 2006 business year. The revenue growth is attributable to strong organic growth in the core CRANES segment in Europe, as well as to the favourable market environment and the high level of capacity utilization achieved in all production areas.
The profitable European Cranes business was characterized in 2006 by the continuing trend towards high-performance product classes and fittings, the excellent market position in Western Europe, and above-average rates of growth in Eastern Europe.
Revenue compared with the same period of the previous year grew by EUR 65.1m, or 12.5 percent, to EUR 585.2m. EBIT compared with the prior-year period rose EUR 11.9m, or 18.2 percent, to EUR 77.0m, equivalent to an EBIT margin of 13.2 percent.
The same general macro-economic conditions that prevailed in 2006 are anticipated to continue in 2007. During 2007, we shall focus on securing our technological and innovative leadership on a sustainable basis, and on lowering supply times through capacity expansion.
The above-mentioned figures are indications from a projected calculation based on IFRS. We shall publish the final results on February 28, 2007.
end of announcement euro adhoc 24.01.2007 18:08:45
Further inquiry note:
Hannes Roither, PALFINGER AG
Company Spokesperson
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