Palfinger with Considerable Growth in First Half of 2011

Industrials › Industrial Goods ♦ Published: August 10, 2011; 13:00 ♦ (Vindobona)

Revenue of the Austrian crane manufacturer increased by 39.3%, EBIT more than doubled to € 36m.

Palfinger with Considerable Growth in First Half of 2011 / Picture: © Palfinger

In the first half of the financial year 2011 the Palfinger Group managed to continue the positive development recorded primarily since the beginning of 2010. At € 414.3m, revenue was 39.3% above the figure reported in the first half of 2010, when revenue was € 297.4m. Around one third of this increase was due to inorganic growth through acquisitions made in 2010. Organic growth in…

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