Jul 26, 2024 / 07:00AM GMT
Andreas Klauser - Palfinger AG - Chief Executive Officer, Member of the Executive Board
Yes. Good morning, everybody, here from Austria and welcome to our first half-year results presentation. I'm very happy to report again strong results for the PALFINGER AG in the first half of 2024. We managed to increase our profitability despite lower revenue. We'll see the numbers in a couple of minutes presented by our CFO, Felix Strohbichler.
What we as well see is still a continued low order intake, especially in European markets, which is still mostly driven by the construction business and as well still ongoing high inventories in our network.
If you go to the next slide, I also wanted to mention some significant events in the first half of 2024. First of all, we managed to open the site in Löbau, which is a further expansion in our working platforms, which is addressed in a way that we can further grow our business here significantly in future. It's a part of the plan and the strategy of 2027.
As well, what we did, we acquired here a land in Madrid to set up here our new sales and
Half Year 2024 Palfinger AG Earnings Call Transcript
Jul 26, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers