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Jungheinrich’s 2016 Financial Year: Strong Growth – Forecast Fully Met
Incoming orders: +14%, net sales: +12% and net income: +12%
EBIT: +10% to €235 million
Production output: > 100,000 units for the first time
Dividend proposal: +10%
Start of 2017: double-digit growth
Net sales forecast for 2017: €3.3-3.4 billion
The Jungheinrich Group closed the 2016 financial year successfully, posting significant increases in all key performance indicators. The main growth drivers were new truck business and the ‘Logistics Systems’ division. New record highs were achieved in terms of incoming orders, net sales, production and all earnings figures. The key performance indicators were improved considerably in the first two months of the year, underway as well.
Hans-Georg Frey, Chairman of the Board of Management of Jungheinrich AG: “We stayed our strong course for growth in 2016. For the first time, we surpassed the €3 billion mark in terms of both net sales and incoming orders. We outgrew our peer group and expanded our share of the global market. Jungheinrich is right on track towards achieving its strategic goal for 2020.”
“In 2016, the Group’s earnings were boosted to €154 million. Jungheinrich has steadily increased its earnings for the benefit of its shareholders in recent years.
The good level of incoming orders by the end of last year has been maintained this year and gives us a positive outlook on the first six months underway. Based on the good figures posted in the first two months of the current year, if the developments witnessed in 2017 thus far continue, we should be able to achieve incoming orders of between €3.4 and €3.5 billion and consolidated net sales in the range of €3.3 to €3.4 billion. Based on our assessments, EBIT for the current fiscal year should total between €250 and €260 million.”
Our 2016 Annual Report along with further information can be found at http://www.jungheinrich.com
2016: The Jungheinrich Group at a Glance:
Change: FY 2016 /FY 2015 /(%)
Incoming orders (million EUR) 3,220/ 2,817 /14.3
Incoming orders (units) 109,200 97,100 /12.5
Production (units) 106,300/ 91,200 /16.6
Net sales (million EUR) 3,085 /2,754 /12.0
EBIT (million EUR) 235 213 /10.3
EBIT ROS (%) 7.6 /7.7 —
EBT (million EUR) 216 /198/ 9.1
EBT ROS (%) 7.0 /7.2 —
Net income (million EUR) 154/138 /11.6
Number of employees (FTE, 12/31) 15,010 /13,962/ 7.5
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