EQS News: Palfinger AG / Keyword(s): Other PALFINGER AG: Leading global position and outstanding growth of PALFINGER AG with a tenfold increase in sales since the IPO on June 4, 1999 June 5th, 2024 / 1:59 p.m. CET/CEST For the content The issuer/publisher is responsible for the notification. ════════════════════════════════════════ ══════════ ════════════════════════ Press release Bergheim, Austria on June 5, 2024 Palfinger AG: Leading global position and outstanding growth of Palfinger AG with an increase in sales since IPO on June 4, 1999 • Strong performance of the PALFINGER share and outperformance of the ATX • Clear dividend policy with continuous distributions • The Palfinger family with 56.4 percent as a stable core shareholder • Sustainable and profitable growth also in focus for the next few years On June 4th. In June 2024, PALFINGER AG celebrated its 25th anniversary on the Vienna Stock Exchange. This milestone marks a quarter century of growth and innovation. History and stock exchange listing PALFINGER AG has been listed on the Vienna Stock Exchange since June 4, 1999. The share is part of the ATX Prime and ATX Global Players Index as well as the Austrian sustainability index VÖNIX and has been represented in the MSCI Global Small Cap Index since 2018. In addition, the share is listed in OTC trading on the stock exchanges in Frankfurt, Stuttgart, Berlin, Munich and Düsseldorf. Successes since going public “Since going public on June 4, 1999, PALFINGER has established itself as the world’s leading provider of innovative crane and lifting solutions. The IPO made it possible to expand the financing base and achieve our strategic goals. Access to the capital markets has significantly supported growth,” said Andreas Klauser, CEO of PALFINGER AG. Since the IPO, sales have increased tenfold from EUR 243 million to EUR 2.45 billion. Price development The PALFINGER share price has more than quadrupled since the IPO to a price of EUR 5.25. This means that the PALFINGER share also outperformed the ATX during this period, which was only able to increase by around three times. With a current price of over EUR 24.0, PALFINGER AG is listed on the stock exchange with a market capitalization of more than EUR 900 million. The current analyst consensus is EUR 28.5. Dividend policy PALFINGER pursues a continuous dividend policy, with around a third of the annual profit being distributed to shareholders. A record dividend of EUR 1.05 per share was even distributed to shareholders for the 2023 financial year. This corresponds to a dividend yield of 4.0 percent. Why stock market? The IPO has brought PALFINGER many benefits, including increased transparency through regular reporting, improved access to capital for growth initiatives, strengthening the brand through public presence and expanded investor base through institutional and private investors worldwide. “We were able to successfully place several promissory note loans; the last two were also linked to sustainability indicators,” adds Felix Strohbichler, CFO of PALFINGER AG. General information about the PALFINGER share ISIN: AT0000758305 Stock symbol: PAL Number of shares: 37,593,258 shares Free float: 36.1%; Palfinger family 56.4%; Own shares: 7.5% Stock exchanges: Vienna Stock Exchange (Prime Market); OTC in Frankfurt, Stuttgart, Berlin, Munich and Düsseldorf +++ ABOUT PALFINGER AG The international technology and mechanical engineering company PALFINGER is the world’s leading producer and provider of innovative crane and lifting solutions. With around 12,700 employees (not including temporary workers), 30 production locations and a global sales and service network of around 5,000 bases, PALFINGER meets the challenges of its customers and creates added value from them. PALFINGER is consistently continuing its path as a provider of innovative, smart complete solutions with increased efficiency and better usability and exploiting the potential of digitalization along the entire production and value chain. PALFINGER AG has been listed on the Vienna Stock Exchange since 1999 and achieved record sales of EUR 2.45 billion in 2023. Inquiry note: Hannes Roither | Group spokesman | PALFINGER AG T +43 662 2281-81100 | (1)h.roither@palfinger.com Text and corresponding images are available under “News” on the website www.palfinger.ag, www.palfinger.com available. ════════════════════════════════════════ ══════════ ════════════════════════ 05.06.2024 CET/CEST Publication of a corporate news/financial news, transmitted by EQS Group AG. www.eqs.com
════════════════════════════════════════ ══════════ ════════════════════════ 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: 1918739 End of message EQS News Service 1918739 June 5th, 2024 CET/CEST References Visible links 1. h.roither@palfinger.com