Truck mounted equipment
Palfinger designs and sells cranes, loader cranes, hookloaders, skiploaders, tail lifts, and other equipment that helps move, lift, and load goods on trucks and utility vehicles.
Customers and revenue model
P
Palfinger AG
XMUN:PFI
Palfinger AG
XMUN:PFI
Price:
27.95
EUR
-0.53%
Market Closed
Market Cap:
€1.6B
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Company Overview
Business Description
- Sector
- Industrials
- Industry
- Machinery
- Headquarters
- Austria AT
- Employees
- 11 773
- IPO date
- Jun 2, 1999
Palfinger makes hydraulic lifting and handling equipment, especially crane systems that are mounted on trucks, trailers, ships, and other vehicles. Its main products include loader cranes, tail lifts, aerial work platforms, marine cranes, and related handling gear used to lift, load, move, and access heavy or awkward materials.
Its customers are construction companies, logistics and delivery fleets, waste and recycling operators, forestry and utility crews, shipowners, industrial users, and vehicle manufacturers that build equipment into their own machines. Palfinger earns money by selling new equipment, replacement parts, and repair and service work through its own sales and dealer network.
What makes the business different is that it sits between vehicle makers and end users: it supplies specialized lifting systems that turn a truck or vessel into a working machine. That gives Palfinger a mix of equipment sales upfront and steady after-sales income from maintenance, parts, and support.
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