EANS-Adhoc: PALFINGER steps up growth pace in 3rd quarter of 2015

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Financial Figures/Balance Sheet/9-month report
30.10.2015

* Revenue expanded by 14.9 per cent to EUR 898.9 million
* EBIT increased by 38.7 per cent to EUR 77.7 million
* Consolidated net result rose by 49.2 per cent to EUR 48.4 million
* Continuation of growth expected

______________________________________________________________________________
|EUR_million|_____Q1-Q3_2013|______Q1-Q3_2014|______Q1-Q3_2015|_______________%|
|Revenue____|__________716.1|___________782.5|___________898.9|___________+14.9|
|EBITDA_____|___________79.3|____________82.0|___________107.7|___________+31.3|
|EBIT_______|___________56.0|____________56.0|____________77.7|___________+38.7|
|EBIT_margin|___________7.8%|____________7.2%|____________8.6%|_______________-|

Salzburg, 30 October 2015

In the first three quarters of 2015, the performance of the PALFINGER
Group continued to be marked by steep growth. Revenue rose by 14.9
per cent from EUR 782.5 million in the first nine months of 2014 to
EUR 898.9 million, which is a new record level. EBIT showed an
extraordinarily strong increase of 38.7 per cent from EUR 56.0
million to EUR 77.7 million. This, in turn, generated a marked rise
in the EBIT margin, which came to 8.6 per cent, as compared to 7.2
per cent in the first three quarters of 2014. The consolidated net
result for the first three quarters of 2015 was EUR 48.4 million,
49.2 per cent higher than the previous year's figure of EUR 32.4
million.

The major factors accounting for this positive performance included
the huge gains achieved in the sale of loader cranes in Europe as
well as the continued progress made by PALFINGER outside Europe. In
North America, strong demand coupled with the strong US dollar
facilitated a significant boost in revenue and earnings. In
Russia/CIS, the strategic investments in local value creation made it
possible for PALFINGER to continue its success in this market region.
In Asia, PALFINGER's cooperation with SANY was fruitful. In the
marine business, the low oil price dampened customers' willingness to
invest; nevertheless, PALFINGER continued its growth, achieving an
increase in revenue of approx. 25 per cent. In South America,
however, PALFINGER recorded further losses in revenue as a result of
the generally slack economy even though PALFINGER's share in this
market increased. The contributions to earnings made by the EUROPEAN
UNITS segment and, in particular, the AREA UNITS segment showed a
significant increase in the first three quarters of 2015.

Outlook The present level of incoming orders gives reason to expect
further growth in the fourth quarter of 2015. In Europe, visibility
is still low but has stabilized. The investment propensity of
customers in Europe is still restrained, despite some positive
trends, whereas in the USA there is greater confidence in a revival
of the economy.

Further inquiry note:
Hannes Roither, PALFINGER AG
Konzernsprecher
Tel. +43 662 2281-81100
h.roither@palfinger.com

Text und entsprechendes Bildmaterial stehen auch im Newsroom unserer
Internetseite www.palfinger.ag zur Verfügung.

end of announcement euro adhoc
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issuer: Palfinger AG
Lamprechtshausener Bundesstraße 8
A-5020 Salzburg
phone: 0662/2281-81101
FAX: 0662/2281-81070
mail: ir@palfinger.com
WWW: www.palfinger.ag
sector: Machine Manufacturing
ISIN: AT0000758305
indexes: Prime Market
stockmarkets: official market: Wien
language: English