Geopolitical Crises Slow Palfinger: Salzburg Crane Giant Launches "Efficiency Program" to Save Millions
2 Articles
2 Articles
Palfinger's share will lose almost nine percent by midday: the Iran war caused a turbulence in the market environment in the second quarter and impacted demand at Palfinger more than expected. Nevertheless, CEO Andreas Klauser is proud of the development in the second quarter. One has a resilient setup and will take advantage of opportunities, he said at the HJ press conference. The company generated sales of EUR 1,165.6 million in the first hal…
The Salzburg crane manufacturer Palfinger feels the global geopolitical crises. Despite headwinds caused by the Iran war and US tariffs, the company keeps track in the first half of 2026 and counters with a million-dollar austerity program.
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