Palfinger Holding AG

euro adhoc: Palfinger AG
quarterly or semiannual financial statement / PALFINGER extends structures for further growth

@@start.t1@@--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc. The issuer is responsible   for the content of this announcement. --------------------------------------------------------------------------------@@end@@

9-month report

08.11.2007

PALFINGER extends structures for further growth

o In the third quarter 2007 PALFLINGER once again reports record results  o Demand for all PALFINGER systems remains strong  o Investments in the increase of capacities and efficiency are continued  o Continued growth expected for 2008

@@start.t2@@|EUR ´000                        |Q1-Q3 2007 |%            |Q1-Q3 2006 |Q1-Q3 2005 |
|                                    |                 |              |                 |                 |
|Revenue                         |504.6         |+ 15.4%  |437.2         |386.0         |
|EBITDA                          | 84.0         |+ 21.5%  | 69.1         | 60.8         |
|EBIT                              | 73.3         |+ 23.8%  | 59.3         | 52.6         |
|EBIT margin                  | 14.5%        |-            | 13.6%        | 13.6%        |
|Consolidated net profit| 53.1         |+ 27.0%  | 41.8         | 37.6         |
|for the period              |                 |              |                 |                 |

The PALFINGER Group continued to pursue its growth  strategy  during  the  first three quarters 2007. The uninterrupted strong  demand  for  all  systems,  which resulted in a high order intake, supported PALFINGER in expanding  its  position in the market for loading, lifting, and  handling  solutions  and  in  reporting record results once again. Revenue rose to EUR 504.6 million, which is 15.4 percent  above  the  figure  of EUR 437.2 million for the same  period  of  the  previous  year.  EBIT  rose  by 23.8 percent to EUR 73.3 million, up from EUR 59.3 million in  the  same  period of 2006. The EBIT margin amounted to 14.5 percent as  compared  to  13.6 percent in the previous year. The operating cash flow increased from EUR 38.2 million in the  same  period  of the previous year to EUR 49.0 million in  the  period  under  review.  The  high investment volume in 2007 resulted  in  a  reduction  of  free  cash  flow  from EUR 26.9 million in the first three quarters  2006  to  EUR 3.7 million  in  the period under review. The equity ratio remained almost unchanged at a high  level of 57.8 percent. The gearing ratio rose from 6.8 percent to 14.2 percent due  to the comprehensive investment programme. As the results for the fourth quarter 2007 will also show  a  clear  improvement as compared to  the  same  period  in  2006,  management  again  expects  record revenues and earnings for the entire  financial  year  2007.  PALFINGER  assumes that the market environment will  remain  strong  during  2008,  which  will  be reflected in an increasing order intake and in a  repeated  growth  in  revenues and earnings.@@end@@

@@start.t3@@end of announcement                                                 euro adhoc 08.11.2007 07:25:12
--------------------------------------------------------------------------------@@end@@

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

Further inquiry note:
Hannes Roither, PALFINGER AG
Company Spokesperson
Phone +43 662 46 84-2260
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 Holding AG

Das könnte Sie auch interessieren: