Jungheinrich reports strong performance for 2015

News Story
- 17 Mar 2016 ( #761 ) - Hamburg, Germany
1 min read
Jungheinrich racks up another successful year.
Jungheinrich racks up another successful year.
Jungheinrich Group has reported a "very successful year-end to fiscal 2015", posting strong growth and new record highs for incoming orders, production, net sales and all earnings figures.

Hans-Georg Frey, chairman of the Board of Management of Jungheinrich AG, noting the strong performance in the last financial year, says the group exceeded its ambitious forecast for key indicators - incoming orders, net sales, EBIT and EBT and marketshare in its main markets.

"Furthermore, in 2015, consolidated earnings rose to EUR138 million (USD153 million).

"Jungheinrich has constantly achieved positive results for its shareholders in recent years. The good level of incoming orders at the end of last year has been maintained in 2016 and gives us reason to be optimistic regarding the first half of the year," he adds.

In 2015, incoming orders in terms of units amounted to 97,100 forklifts - up 13% from the preceding year and outperforming both the world market, which was flat at 1.1 million units, and the European market's 8% growth figure.

Important strategic moves over the fiscal year included the acquisition of the MIAS Group - a specialist manufacturer of stacker cranes - to further boost the Logistic Systems Division, and the expansion of the direct sales and service network to include Australia, Malaysia, South Africa and Romania.

Total Jungheinrich Group headcount at the end of 2015 was at an all-time high of 13,962.
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