Haulotte's third quarter sales fall

By Maria Hadlow23 October 2008

Today (23 October) Haulotte announced its third quarter sales results: consolidated sales for this quarter were €118.1 million compared to €127.1 million last year. This brings sales for the first nine months of 2008 to €376.8 million a 10% decline from the same period in 2007.

This quarter's sales figures include €12.3 million from the newly acquired Bil-Jax business.

Haulotte says that while the revenue from markets outside Europe continued to grow (up 19%) and sales from services was up 35% this was not sufficient to offset the 13% fall in equipment sales.

In the current economic environment Haulotte felt unable to issue updated guidance for 2008

Last year 2007 was a terrific growth year for Haulotte in the first nine month consolidated sales had grown 29% and third quarter sales grew of 16.2%. Adjusting for the €12.3 million contributed by Bil-Jax, sales for the third quarter 2008 are down 3% on 2006 figures.

Latest News
Evergrande chairman under investigation over suspected ‘illegal crimes’
Trading in shares of Chinese property company Evergrande have been suspended 
Finalists announced for Bentley Systems’ 2023 Going Digital Awards
Projects from Europe, Middle East, and Africa named as finalists
Podcast: SAIA’s newest council getting Canada on the same page
ALH’s Riley Simpson talks with the SAIA Canadian Council about streamlining scaffolding regulations across Cananda