EANS-Adhoc: PALFINGER continued its growth with exceptionally high increase in earnings

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Financial Figures/Balance Sheet/3-month report/Quarterly report
30.04.2015

* Record revenue of EUR 292.3 million (+10.7 per cent)
* EBIT increased by 15.5 per cent to EUR 23.6 million
* Consolidated net result rose by 21.4 per cent to EUR 14.5 million

______________________________________________________________________________
|EUR million_|________Q1 2015|______________%|________Q1 2014*|_________Q1 2013|
|Revenue_____|__________292.3|_________+10.7%|___________264.0|___________225.8|
|EBIT________|___________23.6|_________+15.5%|____________20.4|____________18.1|
|EBIT margin_|___________8.1%|______________-|____________7.7%|____________8.0%|

|Consolidated| | | |
| |net result__|___________14.5|_________+21.4%|____________12.0|____
________11.0|

*The figures for the first quarter of 2014 were adjusted with
retrospective effect. For details, see the notes to the Interim
Report for the First Quarter published by PALFINGER AG.

Internationalization and enhanced flexibility as factors of success
The first quarter of 2015 was highly satisfying for the PALFINGER
Group: Revenue was stepped up by 10.7 per cent to EUR 292.3 million,
EBIT increased by 15.5 per cent to EUR 23.6 million, the EBIT margin
once again exceeded the eight per cent mark, and the consolidated net
result rose by 21.4 per cent to EUR 14.5 million.

The primary reasons for the positive development of revenue, which
was higher than in any previous quarter, included the relatively
stable business in Europe and rising demand in North America,
Russia/CIS as well as in Asia, mainly in China. Revenue declined only
in South America, where, however, PALFINGER still managed to improve
its competitive standing despite the sharply shrinking market. In the
marine business, the effects of the low oil price had a noticeable
impact on customers' willingness to invest; nevertheless, PALFINGER
continued its constant growth, achieving a 30 per cent increase in
revenue.

The acquisition of Norwegian Deck Machinery AS (NDM) was closed in
the first quarter of 2015, providing an expansion of PALFINGER's
marine product portfolio. In Russia, the two joint ventures agreed
upon with the leading truck producer KAMAZ in 2014 were approved by
the authorities, and operations commenced.

In the first quarter of 2015, the EUROPEAN UNITS segment increased
its revenue by 4.6 per cent to EUR 200.7 million (Q1 2014: EUR 191.1
million). The segment saw a moderate increase in EBIT, which came to
EUR 26.2 million (Q1 2014: EUR 26.0 million).

The revenue of the AREA UNITS segment expanded by a notable 27.1 per
cent to EUR 91.6 million (Q1 2014: EUR 72.1 million). The segment's
EBIT, which was negative in the previous year due to bad weather,
came to a clearly positive EUR 1.5 million.

Outlook: Record revenue expected in 2015 For 2015, PALFINGER has
identified additional growth potential. The management therefore
expects significant further increases in revenue in the 2015
financial year.

In 2012, PALFINGER set itself the goal of increasing cumulative
annual revenue (including the joint venture companies) to approx. EUR
1.8 billion by 2017. The management plans to reach this mid-term
revenue target chiefly through organic growth.

end of ad-hoc-announcement ==========================================
====================================== For further information please
contact: Hannes Roither, PALFINGER AG Company Spokesperson Phone +43
662 46 84-82260 h.roither@palfinger.com

Further inquiry note:
Both text and pictures are available in the newsroom of our website at
www.palfinger.ag.

end of announcement euro adhoc
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issuer: Palfinger AG
F.-W.-Schererstraße 24
A-5020 Salzburg
phone: 0662/4684 82260
FAX: 0662/4684 82280
mail: ir@palfinger.com
WWW: www.palfinger.ag
sector: Machine Manufacturing
ISIN: AT0000758305
indexes: Prime Market
stockmarkets: official market: Wien
language: English