Jungheinrich signs deal to sell Russian unit, adjusts forecast for 2025

Jungheinrich AG

21/07/2025 11:00

July 21 (Reuters) - German forklift truck maker Jungheinrich JUNG_p.DE said on Monday it signed an agreement to sell its Russian unit Jungheinrich Lift Truck OOO to a Russian financial investor and asset manager.

It also adjusted its profit forecast for 2025, now expecting earnings before interest and income taxes (EBIT) to be between 160 million euros and 230 million euros ($186-268 million) for the year, from previously forecast 280 million to 350 million euros.

($1 = 0.8587 euros)

 (Reporting by Linda Pasquini; editing by Matthias Williams)

 ((linda.pasquini@thomsonreuters.com; +48 58 7785261;))