Jungheinrich on track
Jungheinrich continued to grow in the first quarter of the 2018 financial year. Net sales, incoming orders and production continued to increase compared to the same period last year.
- Q1 2018: Net sales +10%, incoming order units +5% & value +6%
- Orders on hand from the end of March: +13% compared with the end of 2017
- Orders account for five months of production
- Forecast for 2018 confirmed
Dr Volker Hues, CFO of Jungheinrich AG: “We are on track to reach our goals for 2018. Due to seasonal effects, the EBIT margin is slightly below what it was last year. Growth is now showing signs of regularisation after its exceptional growth rates over the last four years. The current number of orders on hand forms a good basis for continuing this business trend. We are therefore looking at the 2018 financial year with optimism.”
At a glance
Jungheinrich Group | Q1 2018 | Q1 2017 | Change % | Year 2017 | |
Incoming orders | million € | 922 | 869 | 6.1 | 3,560 |
units | 32,500 | 31,000 | 4.8 | 123,500 | |
Net sales | million € | 872 | 791 | 10.2 | 3,435 |
Orders on hand 03/31;12/31 | million € | 783 | 679 | 15.3 | 692 |
Production of material handling equipment | units | 30,000 | 29,100 | 3.1 | 120,100 |
Earnings before interest and taxes (EBIT) | million € | 57.9 | 56.4 | 2.7 | 259 |
EBIT return on sales (EBIT-ROS) | % | 6.6 | 7.1 | - | 7.5 |
Earnings before taxes (EBT) | million € | 51.2 | 52.8 | -3.0 | 243 |
EBT return on sales (EBT-ROS) | % | 5.9 | 6.7 | - | 7.1 |
Net income | million € | 37.4 | 38.0 | -1.6 | 182 |
Earnings per preferred share | € | 0.38 | 0.38 | 0.0 | 1.80 |
Employees 03/31; 12/31 | FTE1) | 16,904 | 15,198 | 11.2 | 16,248 |
1) FTE = full-time equivalents
Further information and details on market performance and business growth in the first three months of 2018 can be found in the interim statement (pursuant to Section 51a of the Frankfurt Stock Exchange Regulations).
Please direct press enquiries to:
Martin Wielgus - Head of Corporate Communication
+49 (0)40 6948 3976 / +49 (0)151 5425 5852
martin.wielgus@jungheinrich.de
www.jungheinrich.com
About Jungheinrich
Founded in 1953, Jungheinrich ranks among the world’s leading providers of intralogistics solutions. With a comprehensive portfolio of material handling equipment, logistics systems and services, Jungheinrich is able to offer customers tailored solutions for the challenges posed by Industry 4.0. The Hamburg-based Group is represented worldwide in 39 countries with its own direct sales companies and in more than 80 other countries through partner companies. Jungheinrich employs more than 16,000 people worldwide and generated consolidated net sales of €3.4 billion in 2017. The Jungheinrich share is listed on the MDAX stock index.