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Jungheinrich Maintains Strong Course for Growth

  • Q1 incoming orders up 13 per cent in value (755 million euros) and up 12 per cent in units (27,500 trucks)

  • At 667 million, net sales up 8 per cent

  • Orders on hand close March 20 per cent higher than at the end of 2015

  • Forecast for 2016 unchanged

The Jungheinrich Group stayed its successful course for growth in the first quarter of the 2016 financial year. Following all-time highs in fiscal 2015, incoming orders, net sales and EBIT in the first three months of 2016 were increased substantially compared to the same period last year.

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Dr. Volker Hues, CFO of Jungheinrich AG: “The first three months of 2016 have demonstrated that we are right on schedule and maintaining our course for growth with resolve. We outperformed both the market and the relevant competition yet again. The very good incoming orders and high level of orders on hand, resulting in an order reach of nearly five months, give us reason to have a positive outlook on 2016. On this basis, we uphold the forecast for the current fiscal year, envisaging net sales of 2.9 to 3.0 billion euros and EBIT between 220 and 230 million euros.”

At a glance

Further information and details regarding the development of the market and business in the first three months of 2016 can be found in the interim statement (pursuant to Section 51a of the Frankfurt Stock Exchange Regulations) on www.jungheinrich.de

Jungheinrich ranks among the world’s leading companies in the material handling equipment, warehousing and material flow engineering sectors. The company is an intralogistics service and solution provider with manufacturing operations, which offers its customers a comprehensive range of forklift trucks, logistics systems, services and advice. Jungheinrich shares are listed in the MDAX.

Source: Jungheinrich