Palfinger Q2 21 - Q2 results a notch above expectations, record order book
Seasonally strong Q2 brings new top line and earnings records, convincing margin of 10.9%Company highlights record order intake and backlog which secures full capacity utilisation in H2
FY 21 guidance of revenues and EBIT exceeding FY 19 figures of EUR 1.75 and EUR 150 mn reiterated
The group will acquire the headquarters in Bergheim, to our knowledge it its currently owned by the family
We have a positive impression on the news
Palfinger provides lifting solutions for use on commercial vehicles and in the maritime field. Co. is engaged in providing loader cranes, timber and recycling cranes, marine cranes, wind cranes and hooklifts service. In addition, Co. is engaged in providing tail lifts and high-tech railway systems. Co. offers its products and services primarily to construction industry, transport logistics, public authorities, waste disposal, forestry and agriculture and railway infrastructure. In the marine business, Co. sells worldwide, primarily to customers in deep sea navigation and in the oil and gas industry. Co.'s brand is LIFETIME EXCELLENCE.
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