Business · Companies · 1 hr ago
Jungheinrich reports a third-quarter recovery and lowers 2030 goals
Hamburg-based Jungheinrich reported higher orders and sales in the third quarter compared with the same period a year earlier.
Orders rose 2.6% to nearly €1.4 billion, while sales increased 3.5% to €1.4 billion.
The company returned to operating profit, earning nearly €97 million before interest and taxes after a loss of more than €50 million a year earlier.
Its after-tax result also improved, from a loss of €65 million to a profit of more than €61 million.
The headline says Jungheinrich lowered its 2030 goals, but the available details do not say which goals changed or by how much.
The company confirmed its annual targets, and no further next steps were given.
Jungheinrich reported a third-quarter recovery, with revenue and new orders higher than a year earlier.
Operating profit was nearly €97 million, compared with an operating loss of more than €50 million a year earlier.
The company reported a net profit of more than €61 million, after a net loss of €65 million a year earlier.
Jungheinrich lowered its 2030 goals, according to the headline, but confirmed its annual targets.
- Who
- Jungheinrich, the Hamburg-based company.
- What
- It reported a third-quarter recovery and lowered its 2030 goals. It confirmed its annual targets.
- When
- The third quarter; the report was published on Nov. 10, 2026.
- Where
- Hamburg, Germany, where Jungheinrich is based.
- Why
- Not stated
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- New orders
- Nearly €1.4 billion, up 2.6% year over year
- Revenue
- €1.4 billion, up 3.5% year over year
- Operating profit
- Nearly €97 million, versus an operating loss of more than €50 million a year earlier
- Net result
- Profit of more than €61 million, versus a loss of €65 million a year earlier
- Annual targets
- Confirmed