Palfinger: Strong Rise in Earnings Ahead

Business › n.a. ♦ Published: May 8, 2012; 17:32 ♦ (Vindobona)

Analysts expect the Austrian crane manufacturer to achieve a 8.0% growth in revenues. EBIT is forecasted increase by 18.5%.

Palfinger: Strong Rise in Earnings Ahead / Picture: © Palfinger

Tomorrow, Palfinger presents its figures of the first quarter of 2012. Analysts of Erste Group, RCB (Raiffeisen Centrobank) and UBS expect Palfinger to achieve a double-digit growth rate in earnings. Revenues are estimated to rise by 8.0%. However, due to special items, net income is expected to decrease by 25%.

Erste Group sees a good development in North America, RCB forecasts…

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