24.01.2008

Another record year for Palfinger

Palfinger's preliminary results for 2007 indicate another record year - its third in a row. Revenues increased by 18.9 percent to €695.6 million, up from €585.2 million last year.

Earnings Before Interest and Tax rose significantly to €99.6 million, 29.4 percent above the same period in 2006.

The company says that its results were buoyed by Europes contined trend towards higher performance machines and the growing markets such as Russia, Central and South America.

Palfinger says that one of its main focus points for 2008 will be on securing a stable supply of materials and skilled labour.

The final results will be published on 26 February 2008.