Palfinger AG

euro adhoc: Financial Figures/Balance Sheet
PALFINGER achieved third record year in a row

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Company Information

21.01.2008

Preliminary results 2007: PALFINGER achieved third record year in a row

o Revenue rose by 18.9 percent o EBIT increased by 29.4 percent o Proposed dividend in the amount of EUR 0.70

|in million EUR              |2007      |%          |2006      |2005      |
|                                    |            |            |            |            |
|Revenue                         |695.6    |18.9%    |585.2    |520.0    |
|EBIT                              |99.6      |29.4%    |77.0      |65.1      |
|EBIT margin                  |14.3%    |-          |13.2%    |12.5%    |

Bergheim, Salzburg, 21 January 2008 PALFINGER successfully  continued to  pursue  its  profitable  growth  strategy during the 2007 financial year and achieved its third record year in a row.  The positive market environment, in particular in Europe, resulted in a   high  order intake and hence strong capacity utilisation in all product divisions. Revenue increased by 18.9  percent  to  EUR 695.6 million,  up  from  EUR 585.2 million, and EBIT rose significantly to EUR 99.6 million, which is 29.4  percent above the figure of EUR 77.0 million for the same period of the  previous  year. Thus the EBIT margin amounted to 14.3 percent, reaching the highest  level  ever achieved in the history of the Company. Subject to the approval of the Supervisory  Board,  the  Management  Board  will propose to the Annual General Meeting, in line with  the  dividend  distribution policy of PALFINGER AG, to distribute a dividend in the amount of   EUR 0.70  per share for the 2007 financial year in comparison with EUR 0.55  in  the  previous year (after 4-for-1 stock split). For the years to come PALFINGER proceeds from  the  assumption  of  a   continued market growth and therefore in 2007 has created the   prerequisites  for  further growth of the PALFINGER Group. In the 2008 financial year, the Company will focus on securing the   availability of stable materials supply and costs as well  as  the   necessary  capacities  of skilled labour and the systematic implementation of its investment projects.  In the years to come PALFINGER will also be placing its strategic focus  on  future projects in  order  to  be  able  to  make  the  best  possible  use of  market opportunities. The above-mentioned figures are indications from a projected  calculation  based on IFRS. The final results will be published on 26 February 2008.

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

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

Anton Graf, PALFINGER AG
Investor Relations
Tel. +43 662 46 84-2275
a.graf@palfinger.com
www.palfinger.com

Branche: Machine Manufacturing
ISIN:      AT0000758305
WKN:        919964
Index:    ATX Prime
Börsen:  Wiener Börse AG / official market



Weitere Meldungen: Palfinger AG

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