05/10/2019

Jungheinrich on growth trajectory

Q1 2019: revenue +9 %, incoming orders +11 %

EBIT, EBT and profit or loss above same quarter of the previous year

Orders on hand as of end of March: +9 % compared to end of 2018

Forecast for 2019 confirmed

Jungheinrich again continued to grow in the first quarter of the 2019 financial year. Despite an increasingly challenging market, incoming orders, revenue and all results were increased compared with the same period of the previous year.

Dr Volker Hues, CFO of Jungheinrich AG: “We have continued the success of the previous year. With a revenue growth of 9 per cent, we made a strong start to 2019. In this quarter, we have seen initial downward trends in individual regions of the world market. Based on the persistent geopolitical and economic challenges, we assume that we will not be able to continue this growth throughout the entire year. The forecast for 2019 is confirmed in all key figures.”

At a glance

Jungheinrich Group		Q1 2019	Q1 2018	Change %	Year 2018
Incoming orders	units	33,200	32,500	2.2	131,000
	€ million	1,021	922	10.7	3,971
Orders on hand 31 Mar/31 Dec	€ million	987	783	26.1	907
Production of material handling equipment	units	29,100	30,000	-3.0	121,000
Revenue	€ million	948	872	8.7	3,796
Earnings before interest and taxes (EBIT)	€ million	59.6	57.9	2.9	275
EBIT return on sales (EBIT ROS)¹	%	6.3	6.6	--	7.2
Earnings before taxes (EBT)	€ million	56.5	51.2	10.4	249
EBT return on sales (EBT ROS)²	%	6.0	5.9	--	6.6
Profit or loss	€ million	40.7	37.4	8.8	176
Earnings per preferred share	€	0.41	0.38	7.9	1.73
Employees 31 Mar/ 31 Dec	FTE³	18,039	16,904	6.7	17,877

EBIT/revenue x 100
EBT/revenue x 100
FTE = full-time equivalents

Further information and details on market performance and business growth in the first three months of 2019 can be found in the interim statement (pursuant to Section 51a of the Frankfurt Stock Exchange Regulations).

Download Image