Palfinger reports strong results in 1st HY 2024
In the first half of 2024, crane and lift-truck manufacturer Palfinger recorded revenue of EUR 1,175.4 million, an operating result (EBIT) of EUR 112.2 million and consolidated net income of EUR 68.3 million. Palfinger recorded a strong demand for service cranes and truck-mounted forklifts in the North American market (NAM). The ongoing good economic situation and infrastructure investments are ensuring a positive market environment. Profitability in NAM increased significantly. Thanks to strong demand for loader cranes in the emerging Indian market, the Asia region (APAC) showed good growth from a low level, although there is still no recovery to be seen in China. Continue reading Palfinger reports strong results in 1st HY 2024 at Industrial Vehicle Technology International.
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In the first half of 2024, crane and lift-truck manufacturer Palfinger recorded revenue of EUR 1,175.4 million, an operating result (EBIT) of EUR 112.2 million and consolidated net income of EUR 68.3 million.
Palfinger recorded a strong demand for service cranes and truck-mounted forklifts in the North American market (NAM). The ongoing good economic situation and infrastructure investments are ensuring a positive market environment. Profitability in NAM increased significantly.
Thanks to strong demand for loader cranes in the emerging Indian market, the Asia region (APAC) showed good growth from a low level, although there is still no recovery to be seen in China.
