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Palfinger AG (PALF.VI)

PALF.VI on Vienna Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Palfinger Q1 EBIT Up 6.2 Percent At EUR 33.6 Million
Monday, 30 Apr 2018 

April 30 (Reuters) - Palfinger AG ::Q1 SALES INCREASE BY 8.9 PERCENT TO EUR 394.2 MILLION.Q1 EBIT ROSE BY 6.2 PERCENT YEAR-ON-YEAR TO EUR 33.6 MILLION.Q1 EBITDA INCREASED BY 6.2 PERCENT TO EUR 54.0 MILLION.CONSOLIDATED EARNINGS IN CURRENT FY SHOULD ONCE AGAIN BE LINKED TO THE SUCCESSES OF 2015 AND 2016.Q1 GROUP PROFIT OF 17.9 MILLION EUROS, 7.7 PERCENT DOWN ON THE PREVIOUS YEAR.OUTLOOK 2018: SEES ANOTHER RECORD YEAR IN SALES AND OPERATING PROFIT.  Full Article

Palfinger: Andreas Klauser Appointed New CEO
Monday, 16 Apr 2018 

April 16 (Reuters) - Palfinger AG ::ANDREAS KLAUSER APPOINTED NEW CHIEF EXECUTIVE OFFICER.SCHEDULED TO TAKE UP POSITION AS CEO AS OF 1 JUNE 2018.  Full Article

Palfinger Sees 2017 Consolidated Net Result Clearly Below Previous Yr's Level
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - PALFINGER AG ::CONSOLIDATED NET RESULT FOR FULL YEAR 2017 IS EXPECTED TO BE CLEARLY BELOW PREVIOUS YEAR'S LEVEL.STRONG MARKET DEMAND COUPLED WITH AN EXCELLENT ORDER BOOK SHOULD LEAD TO A STRONG Q1 IN 2018.RESTRUCTURING MEASURES IN NORTH AMERICA AND IN SEA SEGMENT TO HAVE NEGATIVE IMPACT ON RESULTS IN 2017.NEGATIVE IMPACT ON RESULTS EXPECTED TO CONTINUE IN 2018.  Full Article

Palfinger: ‍Herbert Ortner says to resign as CEO
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - PALFINGER AG ::‍HERBERT ORTNER ANNOUNCES TO RESIGN AS CEO OF PALFINGER AG​.‍CEO MANDATE WILL END AS OF DECEMBER 31ST, 2017​.  Full Article

Palfinger 9-mth net result was EUR 50.5 mln​
Friday, 27 Oct 2017 

Oct 27 (Reuters) - PALFINGER AG ::9MTH SALES ROSE BY 9.7 PERCENT TO EUR 1,093.1 MILLION‍​.‍9MTH EBITDAN INCREASED BY 12.6 PERCENT TO EUR 147.6 MILLION, WHILE THE EBITDA MARGIN WAS 13.5 PERCENT.9MTH CONSOLIDATED NET RESULT WAS EUR 50.5 MILLION, 1.5 PER CENT HIGHER THAN THE PREVIOUS YEAR'S FIGURE‍​.EXPECTS 2017 TO BE ANOTHER RECORD YEAR AND IS ALSO OPTIMISTIC FOR 2018‍​.  Full Article

Sany Heavy's unit sells shares in Palfinger
Sunday, 8 Oct 2017 

Oct 8 (Reuters) - Sany Heavy Industry Co Ltd <600031.SS>:Says unit SANY Europe GmbH sold 900,000 shares in Palfinger AG <<>> at 37 euros ($43.41) per share between Sept 29 and Oct 3.Says it expects to receive investment gain of 27.88 million yuan ($4.19 million) after transaction.  Full Article

Palfinger Marine decides not to complete acquisition of TTS Group
Monday, 15 Aug 2016 

TTS Group ASA : Palfinger Marine Gmbh has decided not to complete the acquisition of TTS Group ASA . Says will now fully concentrate energy on execute executing stand-alone strategy .Short term focus will be on operational efficiency, says Toril Eidesvik, CEO.  Full Article

Palfinger Marine will not complete voluntary offer for shares in TTS Group
Monday, 15 Aug 2016 

TTS Group ASA : Said on Sunday, Palfinger Marine GmbH had not received acceptances for more than 90 percent of shares in TTS on a fully diluted basis .As a result, Palfinger will not complete voluntary offer for outstanding shares in TTS Group.  Full Article

Palfinger AG says minimum acceptance level for TTS takeover not reached
Friday, 12 Aug 2016 

Palfinger AG : Says minimum threshold for takeover bid norwegian TTS group Asa not reached . Says will not take over TTS on basis of placed takeover bid from July 18th 2016 .Says did not receive required acceptances of more than 90%.  Full Article

Palfinger H1 revenue up at 665.6 mln euros
Wednesday, 27 Jul 2016 

Palfinger AG : H1 revenue grew by 9.8 per cent to 665.6 million euros ($731.83 million) . H1 EBIT of Palfinger group showed an extraordinarily strong increase of 21.4 per cent from 53.5 million euros to 64.9 million euros . Consolidated net result for first half of 2016 was 39.7 million euros, 15.2 per cent higher than previous year's figure of 34.5 million euros . Still sees potential to increase annual revenue generated by group, including joint venture companies in China and russia, to approx. 1.8 billion euros by 2017 .For 2016 management expects organic revenue growth, and an increase in earnings when adjusted for integration and reorganization expenses.  Full Article