Palfinger Expects Full-Year EBIT Slightly Below Prior Year
Bitget2026/10/28 06:18- Palfinger expects full-year 2026 revenue slightly above the previous year, with EBIT slightly below.
- Nine-month revenue rose 3.9% to EUR 1.62 billion; EBIT fell 5.8% to EUR 120.7 million.
- Net income will reflect CIS and Tail Lifts revaluations, including a roughly EUR 135 million noncash Russian impairment that leaves EBIT unaffected.
- Free cash flow is targeted above EUR 100 million, requiring a fourth-quarter surge from EUR 1.7 million through September.
- The 2030 revenue target is adjusted to EUR 2.8 billion following planned disposals; the EBIT margin target remains 12%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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