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

  • Haulotte delivers substantial increase in sales
    April 20, 2012
    French manufacturer Haulotte has reported sales of €89m in the first quarter of 2012, compared with €72.1m for the same period last year. Equipment sales were up 28.4% and represent 78.5% of total revenue, while service and rental revenues rose by 2% and 14.1% respectively. “Overall we see a pretty good market around the world in 2012,” said chief executive Alexandre Saubot. “I am still concerned by Europe, which will have the slowest growth this year. But overall we are confident that we will achieve doubl
    Read More
  • 2011 turnover rise for German construction equipment firms
    March 16, 2012
    Turnover in Germany’s construction equipment and building material machinery industry rose by 17% in 2011 to US$16.72billion (€12.6billion).
    Read More
  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports
    Read More
  • Haulotte expects quick growth after entering vertical mast market
    April 13, 2016
    Haulotte Group has every intention of quickly becoming a key player in the vertical mast market it just entered. “We want to gain a 10-point market share by 2018,” Tanguy Chatillon, marketing manager at the company, said at bauma 2016. Potential customers include large warehouse and do-it-yourself stores such as Home Depot and other retailers. Each outlet might need two or three of the vertical masts in each of its stores – and the number of stores is growing as well. “That growth will drive the ma
    Read More

Highlighted Content