Palfinger AG provided earnings guidance for the second quarter, second half and year of 2020. On the basis of the current forecast for the entire year 2020, the Management Board of the company expects a slightly positive EBIT in the second quarter of 2020 with a significant decline in revenue in comparison to the same period of the previous year. A positive operating result is also expected for the second half of 2020 despite the significant revenue decline due to the COVID 19 crisis. Revenue for the entire year 2020 is expected to exceed EUR 1.4 billion.