Palfinger AG Strengthens Focus and Profitability Amid Challenges in Q3 2026

Palfinger AG reports revenue of EUR 1,616.7 million and EBIT of EUR 120.7 million for the first nine months of 2026. Despite challenges, including the economic downturn in Germany and investor hesitancy in the USA, Palfinger increased its efficiency program savings target to EUR 50 million by 2028. A legally binding pre-agreement was signed for the sale of its Tail & Passenger Lift business as part of a strategy to sharpen its risk profile.

The market environment varied across regions, with solid demand in Northern and Southern Europe, but subdued conditions in Germany. In North America, recovery signs appeared in the commercial vehicle market, while Latin America remained steady. The Marine sector performed well across several segments.

Palfinger aims for stable revenues and slightly lower EBIT compared to last year, with a long-term target revenue of EUR 2.8 billion by 2030. No cash impact is expected from the write-offs affecting net income.