21st Austria weekly - Palfinger Polytec 26/04/2024 [pic1]Palfinger: In the first quarter of 2024 lifting solutions provider Palfinger recorded revenues EUR 578.5 million an operating result EBIT 54.7 million and consolidated net 32.5 million. The company thus achieved its strongest EBIT in a quarter. This despite very challenging economic environment geopolitical uncertainties resulting weakening core markets Europe. Due to continued low level orders EMEA region production was reduced. For full year slight decline revenue compared 2023 revenue 2 446 million around 20 percent below that record EBIT 210.2 are expected.Palfinger: performance: 0.93% Polytec: Consolidated
21st Austria weekly - Palfinger Andritz ams Osram 17/11/2023 [pic1]Palfinger: The Monna Lisa is the Prysmian Group’s new cutting-edge cable laying vessel currently under construction at VARD Tulcea in Romania. Palfinger Marine has been officially commissioned to deliver a major equipment package support their decarbonization goals. Lisa sister ship Prysmian’s Leonardo da Vinci 171 meters long and can accommodate up 120 people. With
21st Austria weekly - Palfinger Wolftank Immofinanz/S Immo Valneva Andritz 26/10/2023 [pic1]Palfinger: As Palfinger constantly drives forward towards the digitalization of its entire product offering and value chain technology company has reached a significant milestone in commitment to revolutionize maritime industry. Together with Aker BP Optilift future handling cargo will be changed significantly. Under umbrella this strategic partnership collaborate co-develop integrate Optilift s advanced into control systems offshore cranes. This collaboration continue through qualification process until is market-ready coinciding commencement production at installations 2027. In addition crane market agreement also secures exclusivities for all products marine industry where see wealth opportunities. Combining technologies both companies create synergies generate further market leading solutions. Furthermore have opportunity explore joint business cases respect Palfinger s serially pr
21st Austria weekly - Palfinger Frequentis Erste Group 28/04/2023 [pic1]Palfinger: Lifitng solutions provider Palfinger achieved record revenue of EUR 591.6 million in the first three months 2023 and highest ever Q1 operating result EBIT 48.9 million. The effectiveness price increases a good product mix EMEA region as well slight decline raw material component prices plus improvements supply chains contributed significantly to outstanding quarter.Palfinger: performance: -0.83% Frequentis: Norwegian Air Navigation Service Provider Avinor
21st Austria weekly - Palfinger Vienna Insurance Group Austrian Post 15/03/2023 [pic1]Palfinger: Palfinger Marine has officially been commissioned to deliver 25 of its stiff boom cranes for offshore wind applications. The recipient is Japan’s most recent large-scale development project – the Kitakyusyu-Hibikinada Offshore Wind Farm. With deliveries beginning in Q1 2024 further expands market share Asia-Pacific market. farm scheduled start commercial operation 2025. Combined turbines will have a capacity about 220 MW thereby furthering efforts becoming carbon neutral by 2050.Palfinger: performance: -6.78% VIG: