EQS-Ad-hoc: Palfinger AG / Key word(s): Forecast PALFINGER AG: Excellent first quarter of 2024 / Earnings forecast for the full year 2024, however, significantly below that of the record year 2023 03/29/2024 / 2:14 p.m. CET/CEST Publication of insider information after Article 17 of Regulation (EU) No. 596/2014, transmitted by EQS News – a service of EQS Group AG. The issuer/publisher is responsible for the content of the message. ═════════════════════════════════════════ ═════════ ════════════════════════ Bergheim, Austria, March 29, 2024 During today’s coordination of global production capacities and purchasing volumes, PALFINGER management made a decision due to the Due to persistently low order intake in the core EMEA region, we decided to reduce production. Based on this decision, a slight decline in sales is expected for the full year 2024 compared to 2023 and an EBIT of around 20 percent below that of the record year 2023 (EBIT EUR 210.2 million). However, due to the high volume of invoices in the last days of March 2024, PALFINGER management expects earnings for the first quarter of 2024 to be significantly higher than in the same period of the previous year (EBIT Q1/2023: EUR 48.9 million). End of inside information ═══════════════════════════════════════ ════════ ═══════════════════════════ 03/29/2024 CET/CEST Announcement transmitted by EQS Group AG.
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═════════════════════════════════════════ ═════════ ════════════════════════ Language: German Company: Palfinger AG Lamprechtshausener Bundesstraße 8 5020 Salzburg Austria Telephone: +43 (0)662/2281-81101 Fax : +43 (0)662/2281-81070 Email: ir@palfinger.com
Internet: www.palfinger.ag
ISIN: AT0000758305 Stock exchanges: Vienna Stock Exchange (official trading) EQS News ID: 1870717 End of announcement EQS News Service 1870717 March 29, 2024 CET/CEST