Palfinger Reports Continued Growth

Companies ♦ Published: November 10, 2011; 09:08 ♦ (Vindobona)

Revenue of the Austrian crane manufacturer increased by 34% in the first three quarters of 2011, EBIT more than doubled to € 52.4m.

Palfinger Reports Continued Growth / Picture: © Palfinger

Palfinger today presented results for the period January to September. At € 624.0m, the revenue generated in the first three quarters of 2011 was 34.2% above the figure reported for 2010, when revenue was € 464.9m. EBIT (incl. associated companies) came to € 52.4m as compared to € 23.7m in the same period of 2010, corresponding to more than a doubling of the earnings before…