As predicted, revenue and earnings declined. At the same time, the company is optimistic about the full year 2025 and is targeting the second-best financial year in its history. The company’s financial stability was further strengthened by the reduction in net financial debt and the significant increase in equity.
Positive development in order intake
In the European core markets, Palfinger has recorded a recovery in order intake since the fourth quarter of 2024. This has led to an increase in production capacity in Europe.
The positive global trend is also evident in Latin America, particularly in Brazil and Argentina, where capacity has also been increased.
Subdued demand in North America, growth in Asia Pacific
NAM recorded slight growth in the first quarter of 2025, although demand remains subdued. The unclear US tariff policy continues to cause market uncertainty.
Meanwhile, growth in APAC continues, with signs of a modest recovery also visible in China. India continues to prove itself as an emerging market. We are capitalizing on this by investing over EUR 25 million in an assembly plant there. Revenue of EUR 300 million in the APAC region is targeted over the coming years.
Consistently high performance in the marine sector
Revenue and earnings in Marine remain at a high level. This is driven by continued growth in the service business and strong demand for offshore cranes. Palfiner Marine has also secured an order to equip Royal Caribbean’s latest Icon Class ship with innovative rescue equipment.
emphasized Andreas Klauser, CEO of PALFINGER.
Despite uncertainties surrounding U.S. trade policies, Palfinger’s share price has shown strong momentum since the beginning of the year.
Sustainability as a driver for long-term growth
At Palfinger, the “Lifting Positive Impact” sustainability program is a core component of the corporate strategy. Sustainable solutions create opportunities for innovation and growth and reinforce the company’s position as a leader in innovation.
bauma 2025
Two exhibition stands, around 180 employees and more than 100,000 visitors.
“bauma 2025 was the perfect stage to showcase what PALFINGER already offers its customers – and what we are working on for tomorrow. Despite the current global uncertainties, I experienced a consistently positive mood in Munich. Our customers and dealers are optimistic. There is a spirit of optimism and positive momentum that offers new opportunities, and we must seize it.”
said Andreas Klauser.
Read the full article here
