EANS-Adhoc: PALFINGER concluded 2015 with new record levels of revenue and earnings

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Annual Reports/annual report/Integrated Annual Report
05.02.2016

- Revenue grew by 15.7 per cent to EUR 1,229.9 million - EBIT showed
extraordinarily strong increase of 58.0 per cent to EUR 104.4
million - Consolidated net result rose by 68.7 per cent to EUR 64.4
million - Continuation of growth strategy planned

_____________________________________________________________________
_________ |______________|_____2013______|_____2014______|______+/-__
____|_____2015______|

|Revenue (EUR | 973.9**| 1,063.4| +15.7%| 1,229.9|
|million) |_______________|_______________|_______________|_______________|
|EBIT (EUR | 69.0**| 66.1**| +58.0%| 104.4|
|million) |_______________|_______________|_______________|_______________|
|EBIT margin | 7.1**| 6.2**| -| 8.5|
|in % |_______________|_______________|_______________|_______________|
|Consolidated | 38.7**| 38.2**| +68.7%| 64.4|
|net result for| | | | |
|the period | | | | |
|(EUR million) |_______________|_______________|_______________|_______________|

|Dividend (EUR)|___________0.41|___________0.34|_________+67.6%|_____
_____0.57*| |Annual average| 6,490***| 8,030|
+12.0%| 8,995| |payroll****
|_______________|_______________|_______________|_______________|

* Of which EUR 0.18 was paid out in December 2015 as an interim
dividend. Proposal for presentation to the Annual General Meeting:
EUR 0.39 ** Figures were adjusted with retrospective effect ***
Adjustments with retrospective effect, due to adjusted incorrect
system boundaries **** Consolidated Group companies excluding equity
shareholdings, as well as excluding temporary workers

Salzburg/Vienna, am 5. Februar 2016

Results of the PALFINGER Group All in all, the performance of the
PALFINGER Group was marked by steep growth in 2015. Revenue rose by
15.7 per cent from EUR 1,063.4 million in 2014 to EUR 1,229.9
million. This is a new record level. EBIT showed an extraordinarily
strong increase of 58.0 per cent from EUR 66.1 million in the
previous year to EUR 104.4 million, which is also a new record. The
EBIT margin rose from 6.2 per cent in the previous year to 8.5 per
cent. The consolidated net result for 2015 was EUR 64.4 million, 68.7
per cent higher than the previous year's figure.

Outlook PALFINGER plans to continue its growth. By 2017, the Group's
revenue, including the joint venture companies, is intended to reach
EUR 1.8 billion, through organic and inorganic growth.

For 2016, the management expects a continuation of high volatilities,
both in economic developments and on the currency markets. Sudden
political tensions cannot be ruled out, either. As in the previous
year, visibility at the beginning of the year ranged between two and
four months; the current level of orders is satisfactory. "From
today's point of view, there are no indications that the PALFINGER
Group will not be able to continue its growth strategy", states CEO
Herbert Ortner.

Dividend In line with PALFINGER's longstanding dividend policy,
approx. one-third of the net result for the period will be
distributed to the shareholders. Given that an interim dividend of
EUR 0.18 per share was paid out on 21 December 2015, the Management
Board is going to propose to the Annual General Meeting that the
remainder of the annual dividend be distributed in the amount of EUR
0.39 per share. Hence, subject to the resolution to be adopted by the
Annual General Meeting, a total dividend of EUR 0.57 per share (2014:
EUR 0.34 per share) will be distributed for the 2015 financial year.

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