Palfinger: Upward Trend in the First Three Quarters 2010

IndustrialsIndustrial Goods ♦ Published: November 11, 2010; 09:25 ♦ (Vindobona)

Market recovery and savings measures allowed for above-average increase in earnings. Revenue grew by 19.9 percent to € 464.9m

Palfinger: Upward Trend in the First Three Quarters 2010 / Picture: © Vindobona.org

The recovery of the markets was reflected in steady organic growth and results that were clearly positive. Moreover, the Group’s entry into the North American market of access platforms through the acquisition of a majority stake in ETI in March 2010 as well as the integration of the marine customer segment through the acquisition of a majority stake in NDM in July brought about a…