Palfinger AG
PLFRY
Other OTC29.40
USD
- -
- -
CUSIP
696375104
Return %
Stock
S&P500
1Y
-16.74
26.53
3Y
13.56
76.60
5Y
-21.99
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Andreas Klauser
- Full Time Employees
- 10,390
- Sector
- Industrials
- Industry
- Agricultural - Machinery
- Address
- Lamprechtshausener Bundesstrasse 8 Bergheim Austria 5101
- IPO Date
- Mar 31, 2005
- Website
- palfinger.ag
- Similar Companies
- Business
- Palfinger AG Palfinger AG (PLFRY) is an international technology and mechanical engineering company and the world's leading producer and provider of innovative crane and lifting solutions. Founded in 1932 and headquartered in Bergheim near Salzburg, Austria, the company manufactures and sells a comprehensive portfolio of products for land and marine applications, including loader cranes, timber and recycling cranes, access platforms, truck-mounted forklifts, hooklifts and skip loaders, tail lifts, railway systems, turnkey solutions, wind turbine cranes, digital solutions, marine cranes, offshore cranes, winches, boats, davits, and passenger systems; it operates 30 manufacturing sites and maintains a global sales and service network with more than 5,000 points in over 130 countries across EMEA (59.9% of 2023 revenue), North America, Latin America, Asia-Pacific, and the Marine sector. Palfinger AG employs approximately 12,358 people and generated EUR 2.36 billion in revenue in 2024. In 2024, the company expanded its European production network by inaugurating an enlarged aerial work platform plant in Löbau, Germany, commencing partial operations at a new site in Niš, Serbia, and signing a memorandum for a second manufacturing site in Slovenia; it also secured major Marine contracts, including cranes and rescue equipment for RWE’s North Sea offshore wind cluster substations and slipway systems for Singapore Navy multipurpose vessels. Palfinger AG advanced its digitalization efforts by integrating PALFINGER Connected as a standard feature across a wide range of lifting solutions starting January 2025, while Maria Koller joined the Executive Board as Chief Human Resources Officer on January 8, 2024. Into 2025, it launched innovations such as the PK 880 TEC loader crane, new TEC series aerial work platforms, redesigned FL truck-mounted forklifts, Generation 3 Urban Range recycling crane-hookloader combination, and PFM 2100 Marine crane; the company initiated construction of a sales and service hub in Madrid, Spain, a NAM spare parts hub in Illinois, a paint and logistics center in Ormož, Slovenia, and an assembly plant in India, as part of its APAC growth strategy under the "Reach Higher" Strategy 2030+.