FInancial News

In light of the widespread uncertainty regarding the impact of the COVID-19 pandemic on global economic development, the board of management of Jungheinrich AG has decided to retract the forecast for the 2020 financial year published in the 2019 annual report. Jungheinrich says that the current spread of the pandemic in all regions of the […]

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% […]

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 […]

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 […]

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 […]