In the 1st quarter of 2016 Haulotte Group achieved consolidated sales of € 115.0 million, an increase of + 17% against € 98.2 million for the same period of the previous year. Currency effects are not material in this period.
Equipment sales were up 19% mainly in Europe (+30%), and North America (+35%) which maintains the trend observed in 2015. The Asia-Pacific area is down 19% due to the slowdown in the Middle-East. Latin America (-6%) continues to be impacted by the situation in Brazil albeit to a lower extent.
Services and Rental activities are also growing, respectively by 5% and 7% compared to the 1st quarter of 2015.
This first quarter of activity allows Haulotte Group to confirm, at this stage, its expectation to deliver sales growth of close to 5% in 2016.
Upcoming event:
General meeting: 24 May 2016
2016 HY results: 6 September 2016