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Palfinger writes down Russia assets by about EUR 135 million in Q3 2026

PUBT·09/30/2026 09:33:02
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Palfinger writes down Russia assets by about EUR 135 million in Q3 2026
  • Palfinger will deconsolidate its Russian entities through a ring-fencing legal structure, triggering an accounting impairment in Q3 2026.
  • Impairment loss on Russian assets set at about EUR 135 million, booked outside EBIT in discontinued operations, cutting net income.
  • EBIT expected around EUR 120 million for Q1–Q3 2026 versus EUR 130.7 million a year earlier.
  • Deconsolidation expected to hit net income further via the currency translation reserve, currently estimated at about EUR 45 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Palfinger AG published the original content used to generate this news brief via EQS News (Ref. ID: adhoc_2407820_en) on September 30, 2026, and is solely responsible for the information contained therein.