Apr 29, 2022 / NTS GMT
Felix Strohbichler - Palfinger AG - CFO
Welcome, ladies and gentlemen, to the presentation of Palfinger Q1 2022 results. My name is Felix Strohbichler. I'm the CFO of Palfinger.
Q1 was a challenging first quarter in 2022. However, we managed, despite of a lot of challenges, to achieve the strongest Q1 revenue in the company's history. We still have a very positive market environment around the globe with the exception of China and Russia for obvious reasons.
And also what is important to mention is that in Q1, we had the initial effects of the Ukraine war and also a peak in material costs, which impacted in the end our profitability and the instability of the supply chain we have been experiencing for quarters now has even worsened due to the factor of the Ukrainian war.
If you look at the KPIs of Palfinger, we can see an increase in revenue of around 20% compared to the Q1 2021, reaching of EUR486 million. EBIT is around EUR30 million, which is an EBIT margin of 6.3%, which is a reduction of around 24% compared to the record Q1 2021. However, we have to say that the heavy impact
Q1 2022 Palfinger AG Earnings Call Transcript
Mar 06, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers