Strong 2017 revenue for Haulotte

By Euan Youdale14 March 2018

Haulotte logo

Haulotte Group’s net sales grew 11% to €510 million in its 2017 financial year, compared to €457.8 million in 2016.

The increase was driven mainly by the sustained growth of the European market and an improvement in its equipment sales mix. Excluding foreign exchange rates, Haulotte achieved 12% revenue growth.

Despite the rise in raw material prices and emerging tensions over component availability, Haulotte Group posted an operating income (excluding foreign exchange rates) up sharply by 56% to €37 million, compared to 2016.

“The good operating performance was offset by the negative evolution of the Euro Dollar exchange rate and the provisions for risks recorded in the first half,” said Haulotte in its financial statement. At the end of the year and despite the continuing decline in the cost of debt interest, consolidated net income totalled €17.7 million, or 3.5% of sales, down 24% from 2016.

Over the period, the Group’s net debt continued to decline sharply, by €17.4 million, excluding guarantees, said the company, due to the strong operational performance and good control of working capital.

As a result, Haulotte is forecasting close to 10% revenue growth in 2018. “The continued strengthening of the commercial offer plus increased focus on research & development programmes, along with the continued bullish environment for raw material prices, will allow Haulotte Group to deliver a stable current operating income,” said the company.









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

Lindsey Anderson Editor, Access, Lift & Handlers Tel: +1 312 929 4409 E-mail:
Tony Radke Sales Manager Tel: +1 480 478 6302 E-mail: