on Palfinger AG (isin : AT0000758305)
Palfinger AG Adjusts Portfolio and Increases Efficiency in 2026
Palfinger AG has announced strategic decisions to sharpen its portfolio and risk profile during a challenging 2026. The company reported a revenue of EUR 1,616.7 million and an EBIT of EUR 120.7 million for the first three quarters. Despite an economic downturn in Germany and investment hesitation in the USA, management proactively increased its efficiency program to EUR 50 million by 2028.
The signing of a pre-agreement to sell its Tail & Passenger Lift business is part of its strategy to focus on innovative crane and lifting solutions. A USD 39 million order in North America underlines its market focus. Legal steps to mitigate Russian risks resulted in a EUR 135 million impairment, impacting the net result but not EBIT or cash flow.
In summary, Palfinger AG expects revenue to slightly increase in 2026 compared to the previous year, with measures in place to enhance efficiency and competitiveness in the future.
R. H.
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