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PALFINGER concluded 2015 with new record levels of revenue and earnings

Published: February 5, 2016; 10:08 · (Vindobona)

Results of the PALFINGER Group All in all, the performance of the PALFINGER Group was marked by steep growth in 2015. Revenue rose by 15.7 per cent from EUR 1,063.4 million in 2014 to EUR 1,229.9 million.

PALFINGER concluded 2015 with new record levels of revenue and earnings / Picture: © Vindobona.org

 

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Annual Reports/annual report/Integrated Annual Report 05.02.2016

- Revenue grew by 15.7 per cent to EUR 1,229.9 million
- EBIT showed extraordinarily strong increase of 58.0 per cent to EUR 104.4
million
- Consolidated net result rose by 68.7 per cent to EUR 64.4 million
- Continuation of growth strategy planned


____________________________________________________________________________
__

|______________|_____2013______|_____2014______|______+/-______|_____2015______|
|Revenue (EUR | 973.9**| 1,063.4| +15.7%| 1,229.9|
|million) |_______________|_______________|_______________|_______________|
|EBIT (EUR | 69.0**| 66.1**| +58.0%| 104.4|
|million) |_______________|_______________|_______________|_______________|
|EBIT margin | 7.1**| 6.2**| -| 8.5|
|in % |_______________|_______________|_______________|_______________|
|Consolidated | 38.7**| 38.2**| +68.7%| 64.4|
|net result for| | | | |
|the period | | | | |
|(EUR million) |_______________|_______________|_______________|_______________|
|Dividend (EUR)|___________0.41|___________0.34|_________+67.6%|__________0.57*|
|Annual average| 6,490***| 8,030| +12.0%| 8,995|
|payroll**** |_______________|_______________|_______________|_______________|

* Of which EUR 0.18 was paid out in December 2015 as an interim dividend.
Proposal for presentation to the Annual General Meeting: EUR 0.39 ** Figures
were adjusted with retrospective effect *** Adjustments with retrospective
effect, due to adjusted incorrect system boundaries **** Consolidated Group
companies excluding equity shareholdings, as well as excluding temporary
workers

Salzburg/Vienna, am 5. Februar 2016

Results of the PALFINGER Group All in all, the performance of the PALFINGER
Group was marked by steep growth in 2015. Revenue rose by 15.7 per cent from
EUR 1,063.4 million in 2014 to EUR 1,229.9 million. This is a new record level.
EBIT showed an extraordinarily strong increase of 58.0 per cent from EUR 66.1
million in the previous year to EUR 104.4 million, which is also a new record.
The EBIT margin rose from 6.2 per cent in the previous year to 8.5 per cent.
The consolidated net result for 2015 was EUR 64.4 million, 68.7 per cent higher
than the previous year's figure.

Outlook PALFINGER plans to continue its growth. By 2017, the Group's
revenue, including the joint venture companies, is intended to reach EUR 1.8
billion, through organic and inorganic growth.

For 2016, the management expects a continuation of high volatilities, both
in economic developments and on the currency markets. Sudden political tensions
cannot be ruled out, either. As in the previous year, visibility at the
beginning of the year ranged between two and four months; the current level of
orders is satisfactory. "From today's point of view, there are no indications
that the PALFINGER Group will not be able to continue its growth strategy",
states CEO Herbert Ortner.

Dividend In line with PALFINGER's longstanding dividend policy, approx.
one-third of the net result for the period will be distributed to the
shareholders. Given that an interim dividend of EUR 0.18 per share was paid out
on 21 December 2015, the Management Board is going to propose to the Annual
General Meeting that the remainder of the annual dividend be distributed in the
amount of EUR 0.39 per share. Hence, subject to the resolution to be adopted by
the Annual General Meeting, a total dividend of EUR 0.57 per share (2014: EUR
0.34 per share) will be distributed for the 2015 financial year.

Further inquiry note:
Hannes Roither, PALFINGER AG
Konzernsprecher
Tel. +43 662 2281-81100
h.roither@palfinger.com

Text und entsprechendes Bildmaterial stehen auch im Newsroom unserer
Internetseite www.palfinger.ag zur Verfügung. end of announcement euro adhoc
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issuer: Palfinger AG

Lamprechtshausener Bundesstraße 8
A-5020 Salzburg
phone: 0662/2281-81101
FAX: 0662/2281-81070
mail: ir@palfinger.com
WWW: www.palfinger.ag
sector: Machine Manufacturing
ISIN: AT0000758305
indexes: Prime Market
stockmarkets: official market: Wien
language: English

Digital press kit: http://www.ots.at/pressemappe/1659/aom

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