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Palfinger AG (PALF.VI)

PALF.VI on Vienna Stock Exchange

34.32EUR
8:32am GMT
Change (% chg)

€-0.25 (-0.72%)
Prev Close
€34.57
Open
€34.56
Day's High
€34.56
Day's Low
€34.30
Volume
2,660
Avg. Vol
18,769
52-wk High
€42.51
52-wk Low
€27.40

Latest Key Developments (Source: Significant Developments)

Palfinger Sees 2017 Consolidated Net Result Clearly Below Previous Yr's Level
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - PALFINGER AG ::CONSOLIDATED NET RESULT FOR FULL YEAR 2017 IS EXPECTED TO BE CLEARLY BELOW PREVIOUS YEAR'S LEVEL.STRONG MARKET DEMAND COUPLED WITH AN EXCELLENT ORDER BOOK SHOULD LEAD TO A STRONG Q1 IN 2018.RESTRUCTURING MEASURES IN NORTH AMERICA AND IN SEA SEGMENT TO HAVE NEGATIVE IMPACT ON RESULTS IN 2017.NEGATIVE IMPACT ON RESULTS EXPECTED TO CONTINUE IN 2018.  Full Article

Palfinger: ‍Herbert Ortner says to resign as CEO
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - PALFINGER AG ::‍HERBERT ORTNER ANNOUNCES TO RESIGN AS CEO OF PALFINGER AG​.‍CEO MANDATE WILL END AS OF DECEMBER 31ST, 2017​.  Full Article

Palfinger 9-mth net result was EUR 50.5 mln​
Friday, 27 Oct 2017 

Oct 27 (Reuters) - PALFINGER AG ::9MTH SALES ROSE BY 9.7 PERCENT TO EUR 1,093.1 MILLION‍​.‍9MTH EBITDAN INCREASED BY 12.6 PERCENT TO EUR 147.6 MILLION, WHILE THE EBITDA MARGIN WAS 13.5 PERCENT.9MTH CONSOLIDATED NET RESULT WAS EUR 50.5 MILLION, 1.5 PER CENT HIGHER THAN THE PREVIOUS YEAR'S FIGURE‍​.EXPECTS 2017 TO BE ANOTHER RECORD YEAR AND IS ALSO OPTIMISTIC FOR 2018‍​.  Full Article

Sany Heavy's unit sells shares in Palfinger
Sunday, 8 Oct 2017 

Oct 8 (Reuters) - Sany Heavy Industry Co Ltd <600031.SS>:Says unit SANY Europe GmbH sold 900,000 shares in Palfinger AG <<>> at 37 euros ($43.41) per share between Sept 29 and Oct 3.Says it expects to receive investment gain of 27.88 million yuan ($4.19 million) after transaction.  Full Article

Palfinger Marine decides not to complete acquisition of TTS Group
Monday, 15 Aug 2016 

TTS Group ASA : Palfinger Marine Gmbh has decided not to complete the acquisition of TTS Group ASA . Says will now fully concentrate energy on execute executing stand-alone strategy .Short term focus will be on operational efficiency, says Toril Eidesvik, CEO.  Full Article

Palfinger Marine will not complete voluntary offer for shares in TTS Group
Monday, 15 Aug 2016 

TTS Group ASA : Said on Sunday, Palfinger Marine GmbH had not received acceptances for more than 90 percent of shares in TTS on a fully diluted basis .As a result, Palfinger will not complete voluntary offer for outstanding shares in TTS Group.  Full Article

Palfinger AG says minimum acceptance level for TTS takeover not reached
Friday, 12 Aug 2016 

Palfinger AG : Says minimum threshold for takeover bid norwegian TTS group Asa not reached . Says will not take over TTS on basis of placed takeover bid from July 18th 2016 .Says did not receive required acceptances of more than 90%.  Full Article

Palfinger H1 revenue up at 665.6 mln euros
Wednesday, 27 Jul 2016 

Palfinger AG : H1 revenue grew by 9.8 per cent to 665.6 million euros ($731.83 million) . H1 EBIT of Palfinger group showed an extraordinarily strong increase of 21.4 per cent from 53.5 million euros to 64.9 million euros . Consolidated net result for first half of 2016 was 39.7 million euros, 15.2 per cent higher than previous year's figure of 34.5 million euros . Still sees potential to increase annual revenue generated by group, including joint venture companies in China and russia, to approx. 1.8 billion euros by 2017 .For 2016 management expects organic revenue growth, and an increase in earnings when adjusted for integration and reorganization expenses.  Full Article

Palfinger closes acquisition of Norwegian Harding Group
Thursday, 30 Jun 2016 

Palfinger AG : Closes Norwegian Harding Group acquisition . Full consolidation into Palfinger as of 2nd quarter of 2016 .As a result of takeover, Palfinger's marine business will almost double its business volume and generate revenue of over 300 million euros ($332.79 million), which is substantially more than 20 pct of group's total revenue.  Full Article

Palfinger expands dealer network in Finland
Friday, 24 Jun 2016 

Palfinger AG :PALFINGER platforms is expanding its dealer network in Finland to include four modern, central locations.  Full Article

BRIEF-Palfinger orders not at 37 euros risk missing out - bookrunner

* Block Trade - Palfinger AG: bookrunner says orders not at €37 risk missing, books will close at 7.00am UK time‍​ Further company coverage: