Palfinger AG - Company Profile
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Palfinger AG (Palfinger) is an equipment manufacturing company. It manufactures and distributes hydraulic lifting, loading, and handling solutions for interfaces of the transport chain. The company product portfolio comprises loader cranes, passenger lifts, boats, wind cranes, epsilon, recycling cranes, tail-lifts, railway system solutions, access platforms, bridge inspection equipment, marine cranes, farm cranes, telescopic cranes, and attachments and equipment for cranes. Palfinger also offers services such as spare part centers, documentation and after-sale services. It serves agriculture and forestry, construction, railway infrastructure, transport and haulage, public sector, recycling, wind power, and maritime industries. The company operates manufacturing sites in Europe, the Middle East and Africa, the Americas, and Asia-Pacific regions. Palfinger is headquartered in Bergheim, Salzburg, Austria.
Headquarters
Austria
Address
Lamprechtshausener Bundesstrasse 8, Bergheim, 5101
Website
www.palfinger.ag
Telephone
43 662 22810
No of Employees
12,707
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
PAL (WBAG)
Revenue (2022)
$2.3B
20.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-17.6%
(2022 vs 2021)
Market Cap*
$867.1M
Net Profit Margin (2022)
XYZ
-31.7%
(2022 vs 2021)
* As of and is in US$
Palfinger AG premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Forestry and Recycling Cranes | After Sale Services |
| Tail-Lifts | Spare Parts |
| Railway System Solutions | Documentation |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In July, the company launched HT 160 SLD 3 Hooklift. |
| 2023 | Corporate Changes/Expansions | In June, the company announced the opening of its new North American headquarters. |
| 2023 | Contracts/Agreements | In March, the company entered into a partnership with Steyr Automotive to open its new regional headquarters and a demonstration and training center in Schaumburg, Illinois. |
Competitor Comparison
| Key Parameters | Palfinger AG | Konecranes Plc | Manitou BF SA | Wacker Neuson SE | Deutz AG |
|---|---|---|---|---|---|
| Headquarters | Austria | Finland | France | Germany | Germany |
| City | Bergheim | Hyvinkaa | Ancenis | Muenchen | Koeln |
| State/Province | - | - | Pays-de-la-Loire | Bayern | Nordrhein-Westfalen |
| No. of Employees | 12,707 | - | 5,009 | 6,608 | 5,275 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Andreas Klauser | Chief Executive Officer | Senior Management | 2018 | 58 |
| Felix Strohbichler | Chief Financial Officer | Senior Management | 2017 | 49 |
| Alexander Susanek | Chief Operating Officer | Senior Management | 2023 | - |
| Maria Koller | Chief Human Resources Officer | Senior Management | 2024 | - |
| Hubert Palfinger | Chairman | Non Executive Board | 2013 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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