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Jungheinrich with a new forecast for 2020

At the end of April Jungheinrich withdrew the old forecast for 2020. The uncertainties surrounding the pandemic became too great. The company has now published a new forecast.

Jungheinrich expects order intake of € 3.4 billion to € 3.6 billion in 2020. Sales should also be at this level. EBIT is expected to be between 130 million euros and 180 million euros. Before taxes, there should be a profit of 105 million euros to 155 million euros. The market share in Europe should increase slightly. It was 20.2 percent in 2019.

Should there be a second major lockdown due to the pandemic, the forecast would be invalid. The supply chains must also remain intact.

Jungheinrich reported an order intake of 1.81 billion euros for the first half of the year, compared to 2.07 billion euros in the previous year. Sales decrease from 1.96 billion euros to 1.8 billion euros. EBIT declined from EUR 125 million to EUR 95 million. Before taxes, Jungheinrich makes a profit of 82 million euros after 117 million euros in 2019.

Jungheinrich will publish further figures on August 11.

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