Jungheinrich narrows forecast after delay in sale of Russian unit

Jungheinrich AG

05/12/2025 13:43

Dec 5 (Reuters) - German forklift maker Jungheinrich JUNG_p.DE narrowed its full-year forecast for incoming orders on Friday due to a delay in the sale of its Russian subsidiary.

The company now expects to complete the sale of its Russian subsidiary in 2026, instead of this year, due to the Russian government commission not yet granting approval for the transaction.

   Jungheinrich therefore specified that it expects incoming orders for 2025 to between 5.4 billion euros and 5.6 billion euros ($6.29 billion-$6.52 billion), versus previous guidance for between 5.3 billion and 5.9 billion.

($1 = 0.8583 euros)

 (Reporting by Emanuele Berro in Gdansk
Editing by Miranda Murray)

 ((Emanuele.Berro@thomsonreuters.com; +48 587696510))