Haulotte Group's net sales rise 23%

Haulotte Group (HG) recorded net sales growth of 23% to $400.3million in 2011, compared to $326million in 2010. The boom lift and lifting equipment manufacturers believe the strength of emerging markets and renewed investment by major European retail companies will also give the Group a “double-digit” growth in 2012 sales. However, to cope with the perceived weakness of Southern European markets, HG is closing its Spanish production unit in Santander and transferring all products manufactured at the p
April 20, 2012 Read time: 1 min
712 Haulotte Group (HG) recorded net sales growth of 23% to $400.3million in 2011, compared to $326million in 2010.

The boom lift and lifting equipment manufacturers believe the strength of emerging markets and renewed investment by major European retail companies will also give the Group a “double-digit” growth in 2012 sales.

However, to cope with the perceived weakness of Southern European markets, HG is closing its Spanish production unit in 4001 Santander and transferring all products manufactured at the plant to other European production sites.

For more information on companies in this article

Related Content

  • Equipment firm Wacker Neuson posts bullish results
    March 31, 2014
    Munich-based equipment manufacturer Wacker Neuson reports an increase in Group revenue and profitability in 2013. This has been achieved in spite of tough trading conditions and having met its targets for 2013, the firm aims to remain on track in 2014. The company achieved €1.16 billion in revenue and says it managed to boost market penetration of light and compact equipment in its core European and US markets. It also developed specific new markets. Group revenue rose 6% to €1.16 billion, compared with nea
    Read More
  • Manufacturing body CECE issues positive results
    March 12, 2015
    The European construction equipment manufacturer’s association, CECE, has released its strongly positive Economic Report for 2014. According to this report, equipment sales in the European market grew by 9% in 2014. However a flat sales growth is forecast for 2015. The report says that 2014 was a troubled, yet good, year for the European construction equipment industry. Sales on the European market grew by 9% compared to 2013, highlighting slight growth in construction. The European construction equipment m
    Read More
  • CECE sees equipment sales improve in Europe
    February 29, 2012
    The latest available data regarding the European construction equipment market suggests that the machinery market is improving.
    Read More
  • Liebherr sets new record for financial results
    April 7, 2020
    Liebherr has set a new record for its financial results in 2019.
    Read More

Highlighted Content