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

  • Chinese manufacturers plan to compete globally
    June 18, 2015
    Chinese construction equipment firms have been building their operations in local markets – but are now looking to develop globally - Mike Woof writes In recent years Chinese construction equipment manufacturers have been able to capitalise on local demand in the home market. The rapid rate of expansion of transport infrastructure, fuelled by government spending, led to a massive need for construction machines. The country’s manufacturers have grown rapidly in size, investing enormously in factory capacity
    Read More
  • Palfinger achieves record revenue and signs milestone Sany Group deal in 2012
    February 12, 2013
    Palfinger achieved record revenues in 2012 of US$1.251 billion (€935.2 million) – a year-on-year rise of 10.6%. The Austrian manufacturer of cranes, hydraulic lifts, loading and handling systems says the increase was mainly due to strong trade in North America, South America, CIS and the global marine business sector, as well as the continuation of a consistent internationalisation policy pursued in recent years. A further positive trend was said to be observed in other non-European regions. Meanwhile, in E
    Read More
  • German construction equipment industry’s sales rise 8 per cent
    February 18, 2015
    German manufacturers of construction equipment reported an 8% rise in sales, amounting to €8.4 billion. The level was higher than expected and equal to sales in 2006, according to the Construction Equipment and Building Material Machinery Association (VDMA). However, the VDMA, part of the German Engineering Federation, suggested that company profits may not have risen along with sales and tough times remain ahead. “Turnover is one thing, profit is another,” Joachim Strobel, deputy chairman of VDMA, said.
    Read More
  • Volvo CE sees sales dip for Q3
    October 21, 2016
    Volvo Construction Equipment has seen its sales dip 2% in the third quarter of 2016, following a strong year. However the profit margins have improved despite the flat sales volumes in the third quarter. The firm says that an improvement in the European market and order intake up by 17% failed to offset continued weakness in other markets, sending Volvo Construction Equipment (Volvo CE) sales down 2% in the third quarter, when adjusted for currency movements. Net sales in the third quarter decreased by 3
    Read More

Highlighted Content