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Palfinger AG Reports Strong Service Business Amid Revenue Decline in H1 2025

Palfinger AG announced an increase in order intake and strong service business performance for the first half of 2025. The company reported revenue of EUR 1,139.5 million, with an EBIT of EUR 90.4 million and a consolidated net result of EUR 50.1 million, reflecting a slight drop from previous periods. Despite the decline, significant order intake from the EMEA region and emerging markets like India provided positive momentum.

Investments in Palfinger's global service network are underway, including new hubs in Madrid, Duisburg, and Singapore, alongside a spare parts hub in Illinois. These expansions aim to double service revenue to EUR 700 million by 2030. Furthermore, Palfinger's market positioning allows it to leverage opportunities from large-scale initiatives like Germany’s fiscal package and the US Stargate Project.

The company maintains optimistic financial targets for 2027, anticipating rebounds in earnings and revenue amid continuing market recovery. A presentation of ambitious targets for 2030 is scheduled for October 10 during the Capital Markets Day.

R. H.

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