Haulotte half-year sales up 10 percent

By Lindsey Anderson07 September 2017

Haulotte Group’s half year financial results show revenues up 10 percent despite net income slipping 35 percent compared to last year.

Haulotte

The company’s total revenues were €264.6 million, an increase over the same period last year. This figure includes an 11 percent increase in equipment sales to €225.5 million, and a 17 percent surge in rental to €14.9 million. The company also saw services improve by a slight 2 percent to €24.2 million.

Growth was seen in Europe, which was up 19 percent, and the Asia-Pacific region, which was up 7 percent. North America declined by 13 percent, which was attributed to a decline in scaffold business in the U.S. and Mexico’s slowdown.

Operating profit without the exchange factors saw 53 percent growth at €17.4 million.

Haulotte also reduced its net debt by €14.8 million and has increased its full year revenue growth forecasts from 5 percent to close to 10 percent.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, Access, Lift & Handlers Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Featured Training From Easybook
NYC SST Online Training

The clock is ticking… Construction workers in New York City – have you fulfilled your required Site Safety Training (SST)? Get your SST card online now

Latest Events
Last chance to register for the virtual ALH Conference
The ALH Conference is set to kick off (virtually) at 9 a.m. CST on Tuesday, Sept. 14. This is your last chance to register for the live event
ALH Conference shifts to virtual format
The ALH Conference, set for September 14, will be held online, ALH and KHL Group have announced. Registration is now open
ARA Show: Rental-ready
The ARA Show will return to Las Vegas this October for the first time in eight years. ALH provides a preview to the all-things-rental event.
Off-Highway Research

The gold standard in market research

Off-Highway Research offers a library of more than 200 regularly updated reports, providing forensic detail on key aspects of the construction equipment industry.

Our detailed insights and expert analyses are used by over 500 of the world’s largest and most successful suppliers, manufacturers and distributers, to inform their strategic plans and deliver profitable growth.

Click here to visit our website

CONNECT WITH THE TEAM
Lindsey Anderson Editor, Access, Lift & Handlers Tel: +1 312 929 4409 E-mail: lindsey.anderson@khl.com
Tony Radke Sales Manager Tel: +1 480 478 6302 E-mail: tony.radke@khl.com
CONNECT WITH SOCIAL MEDIA