Palfinger: Rise in Revenues by 48% in Q1/2011

IndustrialsIndustrial Goods ♦ Published: May 10, 2011; 10:49 ♦ (Vindobona)

Huge plus in revenue and earnings recorded in the first quarter of 2011. The Austrian crane manufacturer expects further growth for 2011.

Palfinger: Rise in Revenues by 48% in Q1/2011 / Picture: © Palfinger

In the first quarter of the financial year 2011 the Group managed to continue the positive development recorded in previous quarters. Especially by comparison with the first quarter of 2010, huge growth in both revenue and earnings was achieved thanks to the positive economic situation.

“Demand continued to rise, and the measures implemented in previous years started to bite.…