Key figures
A record year in terms of revenue, EBIT and consolidated net result: PALFINGER AG looks back on 2023 as the most successful fiscal year in the company's history.
In 2023, a year marked by high volatility, rising interest rates and significant inflation, PALFINGER AG achieved an absolute record year. The operating result increased significantly by 39.8 percent from EUR 150.4 million in 2022 to EUR 210.2 million. Furthermore, the best EBIT margin of 8.6 percent since 2008 was achieved. The consolidated net result rose substantially by 50.8 percent, from EUR 71.4 million in 2022 to EUR 107.7 million. This was largely due to the very good product mix, good capacity utilization at plants, the full effectiveness of the implemented price increases and stabilization of the supply chain. At EUR 1.05, a dividend of over one euro will be proposed to the Annual General Meeting for the first time.
The ambitious financial targets for 2027 remain unchanged: In 2027 revenue of EUR 3.0 billion with an EBIT margin of 10 percent and a return on capital employed of 12 percent is expected to be achieved.
Revenue EUR THOUSAND
Income statement
Balance sheet EUR thousand
Cash flows und investments
Value creation
Employees
Environment
Share
- 1) From 2019 including additions from leases (IFRS 16).
- 2) Reporting date figures of consolidated Group companies without equity investments and without contingent workers.
- 3) Proposal to the Annual General Meeting.
- 4) Calculation based on total number of shares