2018 Q1 sales of €139.7 million an increase of 9%

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We take the opportunity to inform you that we are exhibiting on Intermat, which will take place from April 23 to 28.

During this major event for our Group, we will present our strategic vision at the press conference organised at 5.00pm, Monday 23 April.

We propose you to follow this English presentation in audio webcast. For that you can already click on the picture.

 

2018 Quarter 1 Activity

All change %’s presented hereafter at constant exchange rates.

In the 1st quarter of 2018 Haulotte Group achieved consolidated sales of € 139.7 million, against € 133.3 million for the same period of the previous year, representing an increase of +9%.

The Group's good commercial activity in the first quarter continued to be driven by the dynamism of the European market, where sales grew by 9%, and by the strong performance achieved in Asia-Pacific, where sales grew by 20%, mainly due to China and the Middle East.

In line with previous quarters, sales in North America continued to grow in Aerial Work Platform sales (+5%), while scaffolding activity is still experiencing difficulties (-10%).  Overall, sales in this zone were down slightly (-1%).

The recovery observed in Latin America was confirmed and enabled the Group to post sales growth of 5%.

Overall, equipment sales were up 10% compared with the first quarter of 2017. Services posted growth of 4%, while rental activities were down slightly (-1%).

 

2018 Outlook

This first quarter of activity allows Haulotte Group to confirm at this stage its sales growth forecast of around 10% for the 2018 financial year.

 

Upcoming events

General meeting: 29 May 2018

2018 HY results: 11 September 2018