FInancial News
2019 was strong year for IPAF
The International Powered Access Federation (IPAF) experienced a strong trading year in 2019, reporting growth across the board in terms of membership, training delivery and territories covered, leading to increased revenues, up 8.1% compared to 2018, according to the federation’s latest Annual Report. Once again, increased income from events (up almost 28%) and a 5.9% […]
Jungheinrich performs well in challenging market
At the end of the 2019 financial year, Jungheinrich had generated revenue of more than €4 billion. As a result, the company achieved its strategic growth target for 2020 a year earlier than planned. Incoming orders amounted to €3.92 billion, EBIT came to €263 million and EBIT return on sales amounted to 6.4%. Demand for […]
Orders down but revenue increases at Jungheinrich
Jungheinrich continued to grow in the first nine of months of 2019 with revenue rising 10% to €2.97 billion. The main driver of this growth was the new truck business. Incoming order numbers fell to 94,100 units (previous year: 100,600 units), while the value of orders grew 1% to €3.01 billion. The forecast for 2019 […]
Palfinger anticipates a record year
The Palfinger Group’s revenue climbed 10% year-on-year in the first three quarters of 2019, increasing from €1182.6 million to E€1300.6 million and reaching another record level in this reporting period. EBITDA saw double-digit growth of 18.7%, rising from €147.6 million to €175.1 million. While this improvement is a reflection of the Group’s solid business performance, it also […]