Jungheinrich AG Announces Sale of Russian Subsidiary and Forecast Adjustment

On July 21, 2025, Jungheinrich AG confirmed the sale of its Russian subsidiary, Jungheinrich Lift Truck OOO, to a Russian financial investor. This decision comes in compliance with Russian foreign investment regulations, which stipulate a sale price capped at 40% of the subsidiary's market value. The completion of the sale, anticipated by Q4 2025, is pending approval by the Russian Government Commission.

Consequently, Jungheinrich has revised its 2025 financial forecast. The expected EBIT now ranges from €160 million to €230 million, down from an earlier forecast of €280 million to €350 million. EBIT ROS is adjusted to 3.1%-3.9% from a previous 5.3%-6.1%.

The company also projects earnings before taxes of €130 million to €200 million, with EBT ROS between 2.6% and 3.4%. Other financial indicators remain unchanged, including expected revenues between €5.3 billion and €5.9 billion. Free cash flow is anticipated to exceed €250 million.