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Jungheinrich Group reports strong performance for 2015

Jungheinrich Group reports 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, said: “Fiscal 2015 was another very successful year for Jungheinrich. We bested our ambitious forecast for our key financials – incoming orders, net sales, EBIT and EBT and increased our market share in our main markets, Europe and worldwide. Furthermore, in 2015 consolidated earnings rose to 138 million euros.”

He continued: “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.”

In 2015, incoming orders in terms of units amounted to 97.1 thousand forklift trucks – up 13 per cent on the preceding year and outperforming both the world market, which was flat at 1.1 million units, and the European market’s 8 per cent 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 an all-time high of 13,962.

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