Palfinger AG - Earnings Release 2022

News Details

Ad-hoc | 21 March 2022 19:12

Palfinger AG: Profit Warning

Palfinger AG / Key word(s): Profit Warning

Palfinger AG: Profit Warning

21-March-2022 / 19:12 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Bergheim, 21 March 2022

The Ukraine crisis impacts PALFINGER AG due to its volume of business in Russia. The crisis also further intensifies the availability problems of trucks and components. PALFINGER will therefore decrease its production volume in the coming weeks, with a corresponding negative impact on revenue and profitability.

From today’s perspective, the EBIT in 2022 will, as a result, be significantly below the EBIT achieved in record year 2021.

21-March-2022 CET/CEST News transmitted by EQS Group AG. www.eqs.com


Language:	English
Company:	Palfinger AG
	Lamprechtshausener Bundesstraße 8
	5020 Salzburg
	Austria
Phone:	+43 (0)662/2281-81101
Fax:	+43 (0)662/2281-81070
E-mail:	[email protected]
Internet:	www.palfinger.ag
ISIN:	AT0000758305
Listed:	Vienna Stock Exchange (Official Market)
EQS News ID:	1307975