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Palfinger Holding AG

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

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
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
|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 of announcement                               euro adhoc 08.11.2007 07:25:12

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

Plus de actualités: Palfinger Holding AG
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