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on Jungheinrich AG (ETR:DE000621)

Jungheinrich AG Initiates Transformation Programme and Revises 2025 Forecast

On July 17, 2025, Jungheinrich AG's Board of Management announced the adoption of a comprehensive transformation programme to boost global competitiveness. The programme, approved by the Supervisory Board, aims to optimize production, management, and administrative structures, targeting sustainable cost savings of approximately €100 million.

The implementation will incur one-off expenses of around €90 million in 2025, majorly affecting the third and fourth quarters. Consequently, the company has adjusted its 2025 financial forecasts. The expected order intake now ranges between €5.3 billion and €5.9 billion, and group revenue is projected to align within similar boundaries. EBIT expectations have also been revised to £280-£350 million, with an EBIT ROS of 5.3%-6.1%.

Future adjustments to the forecast may occur pending the sale of Jungheinrich Lift Truck OOO, the Russian subsidiary. The company's interim report as of June 2025 will be published on August 8, 2025.

R. E.

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