Jungheinrich rises on strong Q1, medium-term strategy

Jungheinrich AG

07/05/2025 09:10

** Shares in Jungheinrich JUNG_p.DE rise 3% after the German material handling equipment company posted strong Q1 results and presented its new medium-term strategy with updated financial targets

** Baader Helvea says the 3% increase in EBIT to EUR 104.5 million ($118.7 million) surpassed market expectations

** Moreover, the analyst sees the Q1 order intake as a "solid outcome in light of the challenging environment"

** The broker also notes that Jungheinrich is on track to fulfill its full-year guidance for 2025 and raised its financial targets in a new medium-term strategy for the next five years

** "We consider Jungheinrich's medium- to long-term prospects to be very favorable," it says

($1 = 0.8807 euros)

 (Reporting by Simon Ferdinand Eibach)

 ((Simonferdinand.eibach@thomsonreuters.com))