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Jungheinrich looks back on successful 2016 - strong start to 2017

Dividend on preferred shares up 10 per cent - strong growth in Q1 of 2017

Shareholders of Jungheinrich AG approved Tuesday a dividend on preferred shares of EUR 0.44 during their AGM. The sum corresponds to a 10 per cent increase over 2016. Hans-Georg Frey, Chairman of the Board of Management, presented good corporate figures for 2016 with group sales of EUR 3.1 billion and a good first quarter in 2017. The outlook for the entire 2017 is positive, he noted and also reported about the group’s growth course and strategic development to 650 shareholders and guests. Jungheinrich AG is focusing on products and solutions in logistics systems, automation and energy efficiency.

Jungheinrich shaping Intralogistics 4.0

Frey pointed out: “Jungheinrich completed 2016 with high marks: for the first time, more than 100,000 vehicles, more than 3 billion euros in net sales and more than 15,000 employees worldwide. We remained on this good course in the first quarter. By doing so, we are demonstrating our successful evolution from a traditional machine builder into a leading intralogistics solution provider. Jungheinrich is not only participating in Intralogistics 4.0, but is taking the lead on it. Automation, digitalization and networking are already reality at Jungheinrich thanks to innovative products and solutions. The result is Jungheinrich 4.0. Therefore, we are well positioned with our Strategy 2020 beyond the 2017 financial year.”

Positive developments

The group continued the previous year’s positive trend in the first quarter of 2017. The increase came to 15 per cent; incoming orders reached EUR 869 million (Q1 2016: EUR 755 million). The unit-based incoming orders increased by 13 per cent from 27,500 vehicles in the first quarter of 2017 to 31,000 vehicles. In the same period, production rose by 21 per cent from 24,000 to 29,000 vehicles. pb

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