Haulotte growth offset by flat Europe

By Lindsey Anderson16 October 2012



Haulotte Group reported third quarter revenues of €76.7 million, similar to the same quarter in 2011, but with slowing sales in Europe offsetting growth elsewhere.

The company has seen a 16% increase in revenues for the year to the end of September, up to €261.2 million, with dramatic year-on-year increases in Latin America (up 90%), Asia Pacific (up 26%) and North America (up 30%).

In contrast, sales in Europe for the nine months rose by just 4% and, said Haulotte, “faced a real slowdown at the end of September 2012.”

Haulotte said that the overall growth rate for 2012 was unlikely to change significantly from the first nine months of the year “given the expected dynamism of our business outside Europe and planned investments by our major customers in Europe during the period".

The manufacturer’s rental businesses, which are in countries including the UK and Argentina, saw a revenue increase of 9% to €34.3 million for the first nine months of the year. After sales service revenues were up 4% at €24.1 million.

Latest News
JCB North America raises $200,000 for charity
During JCB’s 15th annual golf tournament, the company raised more than $200,000 to  benefit the Lady Bamford Center
Danish acquisition for Adapteo
Move strengthens presence in Northern Europe and position as rental supplier to social infrastructure sector
IPAF rental reports show industry growth
MEWP markets have recovered but concerns remain over Covid remain, say IPAF’s new rental reports