Hamburg (dpa -AFX) – Because of the costs for a savings program, the forklift manufacturer Jungheinrich has reduced the profit view for the current year. In addition, management now increases business development more carefully than before, the forecasts for sales and order intake have been adjusted accordingly. The MDAX group wrote in a message from Thursday of “Personnel and location-related measures to ensure global competitiveness.” This should reduce the costs of around 100 million euros in the medium term. However, the plans initially caused one -off expenses of around 90 million euros in 2025. The share price of the Hamburg share price sagged on the news.

The course collapsed up to 35.20 euros, but then climbed a bit. In the late noon, the papers still noted a good five percent at 38.24 euros. In the past few months, however, the shares had also been strong in expectation of Germany’s economic stimulation through the planned federal billions of investments in the federal government in infrastructure and armor. For 2025, there is therefore an increase of around 45 percent on the course list for 2025 despite the price kink on Thursday.

For 2025, the Jungheinrich board now expects an order intake between 5.3 and 5.9 billion euros – after 5.5 to 6.1 billion. The turnover is expected to achieve 5.3 to 5.9 billion euros (old 5.4 to 6.0 billion) and the profit before interest and taxes should be between 280 and 350 million euros (old 430 to 500 million). This is significantly less profit than an average of analysts currently expected ./Mis/stk

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