Palfinger AG

euro adhoc: Palfinger AG
Financial Figures/Balance Sheet
Record results 2005

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10.03.2006

2005 another year of record results for PALFINGER

•          Revenue increased by 28.8 %
•          EBIT increase of 56.2%
•          Consolidated net profit for the year increased by 75.8%

EURm                        2005    2004    2003
Revenue                  520,0  403,7  334,1
EBITDA                      77,5    53,9    37,5
EBIT                         65,1    41,7    25,6
Consolidated net
profit for the year 48,1    27,4    15,2

Bergheim / Salzburg, 10 March 2006

In the 2005 financial year, PALFINGER was able to increase revenue by EUR 116.3m or 28.8 % to EUR 520.0m. EBIT climbed by 56.2 % to EUR 65.1m.

Consolidated net profit of the year was also marked by a disproportionate increase of 75.8 % to EUR 48.1m. Correspondingly, earnings per share increased to EUR 5.48 (2004: EUR 3.11).

The equity ratio rose to 56.8 %, strengthening PALFINGER’s capital base for further growth. Because of the successful 2005 financial year, a dividend increase from EUR 1.1 to EUR 1.8 will be recommended.

The Cranes segment remains the driving force of the company and was marked by excellent development in 2005. The concluded relocation process of cylinder production to Bulgaria and measures implemented to increase efficiency in the value chain greatly contributed to the optimization of cost structure. With the successful integration of Ratcliff Palfinger Ltd., PALFINGER AG was able to position itself as market leader in tail lifts in Great Britain and to expand the product range with innovative products. The decision to develop the Area Asia & Pacific marked an important step in the Asian market.

For 2006, PALFINGER AG anticipates continued positive development in all areas. Besides securing the outstanding earnings situation in the Cranes segment, focus is going to be on the sustainable development of profitability in the Hydraulic Systems segment. The international strategy entails development of the Area Asia & Pacific and intensification of further market expansion in North and South America.

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ots Originaltext: Palfinger AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Hannes Roither, PALFINGER AG
Company spokesman
Tel.: +43 662 46 84-2260
mailto: h.roither@palfinger.com
www.palfinger.com

Branche: Transport
ISIN:      AT0000758305
WKN:        919964
Index:    ATX Prime
Börsen:  Wiener Börse AG / official dealing



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