Manitou sales fall 56% in 'brutal' first half

17 September 2009

Manitou has reported a 56% fall in revenues to €357.8 million for the first half of the year, with sales down 60% in Europe and 66% in North and South America.

The company made a net loss of €93.7 million, which includes restructuring charges of €12.6 million and a €50.1…

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