PALFINGER AG Reports Strong 2024 Financial Performance

In 2024, PALFINGER AG marked its second-strongest financial year in history. The company reported a revenue of EUR 2.36 billion. The operating result (EBIT) stood at EUR 185.6 million, with a consolidated net result of EUR 100.0 million. Highlighting this success, a dividend proposal of EUR 0.90 per share was announced, marking it as the second-highest since their 1999 IPO.

The board expressed confidence in future growth, forecasting that an improving economic climate would bolster earnings in the latter part of 2025. PALFINGER’s management anticipates a significant increase in both turnover and profitability, targeting a revenue of EUR 2.7 billion by 2027.

Despite a minor decline from previous year’s figures, PALFINGER remains strategically positioned with a diverse product portfolio and regional presence. Noteworthy is their goal to achieve an EBIT margin of 10 percent and a return on capital employed over 12 percent by 2027.