euro adhoc: quarterly or semiannual financial statement / PALFINGER - an unbroken history of success

--------------------------------------------------------------------------------
Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
--------------------------------------------------------------------------------

3-month report

08.05.2007

PALFINGER - an unbroken history of success with further growth
in results in the first quarter of 2007

o Continuing strong demand pushed up revenues by 15.9 percent o EBIT
increased by 37.2 percent, corresponding to an EBIT margin of 14.8
percent o Measures aimed at raising capacity and enhancing material
supply underway

|in EUR m |Q1 2007 |% |Q1 2006 |Q1 2005 |
| | | | | |
|Revenue |162.4 |+ 15.9% |140.1 |121.7 |
|EBITDA | 27.2 |+ 31.5% | 20.7 | 19.7 |
|EBIT | 24.0 |+ 37.2% | 17.5 | 17.1 |
|EBIT margin | 14.8% |- | 12.5% | 14.1% |
|Net profit for the | 19.6 |+ 56.6% | 12.5 |12.8 |
|period | | | | |

Bergheim, Salzburg, 8 May 2007

In the first quarter 2007, PALFINGER achieved record revenues and earnings.
Revenues increased by 15.9 percent to EUR 162.4 million, and - compared with
the same quarter of the previous year - EBIT rose by 37.2 percent to EUR 24.0
million. The EBIT margin reached 14.8 percent, up from 12.5 percent in the
first quarter of the previous year; proportionately, the growth in order volume
was very significant.

The prime contributors to this increase in revenues and earnings continued to
be the cranes business in Europe and the high capacity utilisation in all
production areas. Still, the situation in the materials and components segment
remained tight. Furthermore, PALFINGER was faced with another increase in
material prices. Thus, in line with this increase in material prices, sales
prices were raised at the beginning of the year, but due to the high order
volume the price increase is expected to have a delayed effect on the results.
Capacities have been and will continue to be expanded, with the focus remaining
on the ongoing commitment to improving effectiveness, efficiency, and quality.

The operating cash flow amounted to EUR 7.9 million in the period under review,
up from EUR 6.2 million in the same period of the previous year. The low
gearing ratio of 7.4 percent and the equity ratio of 54.4 percent - together
with the cash flow - constitute a sufficient foundation for our strategy to
finance further growth from our own resources.

On the basis of the excellent results of the first quarter as well as
the positive development in terms of new orders, management expects
record revenues and earnings in the 2007 financial year.

The successful implementation of the capacity-raising measures
initiated together with a stable materials supply, as well as the
successful turnaround in HYDRAULIC SYSTEMS set the framework for the
2007 financial year. +++

About PALFINGER AG For many years PALFINGER has been one of the
world's leading manufacturers of hydraulic lifting, loading, and
handling systems. As a multinational group headquartered in Salzburg,
the company's 3,500 staff generated total sales of EUR 585.2m in
2006. The Group has production and assembly facilities in Europe, in
North and South America as well as in Asia. The pillars of corporate
strategy comprise innovation, and the further internationalisation
and diversification of products and services. PALFINGER is regarded
not only as the market leader, but also the technology leader, in the
global market for hydraulic knuckle-boom cranes. PALFINGER is always
in proximity to its customers due to its over 1,600 sales and service
centres located in over 125 countries across five continents.

Both text and pictures are available for download in the press corner
of our website at www.palfinger.com. An extensive database of press
documents and pictures can also be found at the PALFINGER EXTRANET.
Please register for this free service at
http://extranet.palfinger.com

end of announcement euro adhoc 08.05.2007 07:26:49
--------------------------------------------------------------------------------

ots Originaltext: Palfinger Holding AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Hannes Roither, PALFINGER AG
Head of Public Relations & Investor Relations
Tel.: +43 662 46 84-2260
mailto: h.roither@palfinger.com
www.palfinger.com

Branche: Machine Manufacturing
ISIN: AT0000758305
WKN: 919964
Index: ATX Prime
Börsen: Wiener Börse AG / official dealing